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CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO

TechCrunch LogoTechCrunch2d ago

CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO - TechCrunch

Quick Summary:

CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training infrastructure has been a wild ride.

Sitting in an ordinary white hoodie in a bland conference room, and talking with a detectable Jersey accent, Chief Strategy Officer Brian Venturo told TechCrunch that he feels very lucky.

The wanted to get in, but first “wanted to understand from the commodity side, how is this made,” Venturo said.“So we started doing mining on the pool table in our Manhattan office.

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Article Details

Author / Journalist: Julie Bort

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 16:00:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 805 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27402422

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