CoreWeave: Three Energy Traders Put One GPU on a Pool Table, Became One of the Largest Ethereum Miners, and Turned Their Crypto Hardware Into the Cloud Behind the AI Boom
Michael Intrator and Brian Venturo had traded carbon credits and run a natural gas hedge fund; Brannin McBee ran the data firm they used. Around 2016-2017, with time on their hands after closing the fund, they started mining Ethereum on a pool table in a Manhattan office, moved the rigs into Venturo's grandfather's garage in New Jersey, and bought distressed GPUs during the 2018-2019 crypto winter. Renamed CoreWeave in 2019, the company redirected its GPUs to rendering and AI, learned AI trainin
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