Source: 🗒️ Polymath Investor
CoreWeave, a GPU cloud provider, has built its entire business model around NVIDIA's chips and ecosystem—a structural dependency that complicates its path to independence and profitability. NVIDIA's support, whether through preferential pricing, marketing, or capital relationships, locks CoreWeave into the chipmaker's ecosystem while reinforcing NVIDIA's market dominance in AI infrastructure. CoreWeave faces a harder question than simple success: whether it can compete against rivals operating under similar constraints while loosening NVIDIA's grip on its business.