Alternative clouds are booming as companies seek cheaper access to GPUs

TechCrunch
By Kyle WiggersMay 5, 2024, 9:30 am195 ptsTop
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation…

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