For this startup, Nvidia GPUs are currency

The Verge
By Elizabeth LopattoAug 8, 2023, 2:00 pm145 pts
An exciting breakthrough in GPUs that isn’t really about computing. | Illustration by Alex Castro / The Verge Gather around, children. We are about to discuss some financial innovation: using computer chips as collateral for loans. CoreWeave, a cloud computing startup backed by Nvidia and Magnetar Capital,…

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