How CoreWeave's Neocloud Business Model Works

FILL OUT THE SURVEY BY CLICKING HERE Welcome back to The Mining Pod! Today, Colin and Will break down CoreWeave's meteoric rise to a $75+ billion valuation and why Bitcoin miners like Core Scientific, Galaxy Digital, and Applied Digital are all racing to partner with AI cloud providers. We explore CoreWeave’s neocloud business model, GPU economics vs bitcoin mining profitability, and what this means for the future of the mining industry. Subscribe to our newsletter!  **Notes:** • CoreWeave valued at $75B+ (12x revenue multiple) • 72% of Q1 revenue came from Microsoft/OpenAI • CoreWeave manages 250,000+ GPUs globally • $15B+ in contracted revenue secured Timestamps: 00:00 Start 04:05 Coreweave overview 07:40 Neocloud 10:28 Other Neocloud providers 12:49 Oracle, OpenAI & Stargate 16:20 Crusoe 17:58 Hyperscaler street cred 21:08 Energy pipeline 26:53 Revenue 32:51 Capex vs revenue 38:03 GPU lifespan 41:58 Bull vs Bear 49:00 Partner concentration Article links: https://mattturck.com/coreweave/ https://research.artemis.xyz/p/coreweave-fundamental-deep-dive https://www.mostlymetrics.com/p/coreweave-ipo-s1-breakdown https://research.artemis.xyz/p/coreweave-fundamental-deep-dive https://www.mostlymetrics.com/p/coreweave-ipo-s1-breakdown 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 👉 Colorado Air Filter, Leaders In Mining HVAC Solutions! Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact [email protected] Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! Learn more about your ad choices. Visit megaphone.fm/adchoices