CoreWeave, a US-based AI cloud infrastructure provider, said in a regulatory filing on August 12 that shifting away from Nvidia chips could require significant time, investment, and resources if customer demand changes.

The company said Nvidia supplies all the graphics processing units currently used by CoreWeave’s customers.

If demand shifts, CoreWeave warned, that could affect its ability to offer the products customers want.

The disclosure came as some large buyers of AI computing power were trying to reduce their reliance on Nvidia, including by developing in-house chips.

OpenAI has unveiled a first version of an AI accelerator built with Broadcom.

CoreWeave on August 11 forecast revenue above estimates and said its order backlog was US$104 billion at the end of the second quarter.

Its shares rose 19% to US$107.73 at the close on August 12 in New York.

🔗 Source: Bloomberg

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