Overview
CoreWeave rents GPU capacity built for AI workloads, a model often called a “neocloud” to distinguish it from general-purpose hyperscale clouds. Revenue in 2025 was US$5.13 billion[7]. Its 10-K states that about 67% of 2025 revenue came from a single customer, Microsoft, and that OpenAI signed an order form in September 2025 committing to pay up to about US$6.5 billion through 31 May 2031[7]. The company has bought software businesses to move up the stack, naming Weights & Biases, OpenPipe, Marimo and Monolith AI among its acquisitions[7]. It is headquartered in Livingston, New Jersey, and had 2,189 employees at the end of 2025[7]. Customer concentration is the clearest risk the company itself discloses: the loss or reduction of one or two contracts would materially change its revenue[7].
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CoreWeave alternatives and competitors
Alternatives to CoreWeave: companies ranked in the same lists.
Nebius Group
WhiteFiber
Nscale- Rackspace Technology
OVHcloud- Kingsoft Cloud
IONOS
Samsung SDS
Cloudflare One (Zero Trust)- LG CNS
- NVIDIA
Akamai Cloud
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