Google rumored to be looking to rent latest Nvidia AI GPU from CoreWeave because it doesn't have enough of them

• Report comes as Microsoft has apparently declined to take more AI resources from billion-dollar AI startup
• Google has already pledged to invest tens of billions in capital expenditure in FY 2025, most likely in AI hardware
• In other news, the Nvidia-backed CoreWeave lost nearly a quarter of its value in 48 hours amidst wider stock malaise

It’s interesting times for Nvidia-backed CoreWeave, which provides cloud infrastructure optimized for AI workloads.

It was labelled a “turkey” and “the WeWork of AI” by Jeffrey Emanuel, whose prescient article warning about DeepSeek famously wiped $2 trillion off global markets and cut Nvidia’s market capitalization by $600 billion in day.

Around the same time, Microsoft walked away from a nearly $12 billion option to purchase additional data center capacity from CoreWeave. That same capacity ultimately went to the Microsoft-backed OpenAI. President Donald Trump’s tariffs, which have been wreaking havoc on ...