AI Demand for Data Centers Vastly Underestimated, CoreWeave Says
- Co-founder of cloud-computing firm says demand is ‘absurd’
- CoreWeave’s Brian Venturo warns of supply chain constraints
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The world is “grossly” underestimating how much the demand for artificial intelligence is going to expand the global market for data centers over the next five years, according to the co-founder of the cloud-computing unicorn CoreWeave.
The data center requests that CoreWeave is fielding on a daily basis “are absurd,” with many asking for entire campuses for themselves, Brian Venturo, co-founder and chief strategy officer, said Thursday at a Bloomberg Intelligence summit on generative AI in New York. “The market is moving a lot faster than supply chains that have historically supported a very physical business have been set up to do,” he said, predicting more “megacampuses” that will stress power grids and spur political fights.