AnalysisBusinessOctober 22, 2026

What is a neocloud? The GPU clouds powering the AI boom

Read original source →decrypt.co

Neoclouds like CoreWeave and Nebius rent Nvidia GPU clusters to AI labs and startups; CoreWeave began as an Ethereum miner and listed in March 2025. Neocloud shares sold off in October 2026 after Gartner predicted over 80% of providers will stop operating independently by 2030.

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