Jun 12th, 2024

CoreWeave: Cloud Computing Struggling to Keep up With AI Demand

Michael Intrator, the CoreWeave CEO and Co-Founder, says his company - and the wider cloud computing industry - are struggling to keep up with demand for the physical infrastructure required for AI. In the past 12 months alone, CoreWeave has raised $12 billion from equity and debt investors to fund expansion. Its growth is being fueled by increasing demand for vast data centers needed to power AI. Intrator spoke exclusively to Bloomberg Daybreak's Tom Mackenzie.