TierPoint to Provide Ultra-High-Density Colocation Services to CoreWeave to Serve Industries in Emerging Technology | Martech Edge | Best News on Marketing and Technology
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TierPoint to Provide Ultra-High-Density Colocation Services to CoreWeave to Serve Industries in Emerging Technology

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TierPoint to Provide Ultra-High-Density Colocation Services to CoreWeave to Serve Industries in Emerging Technology

TierPoint to Provide Ultra-High-Density Colocation Services to CoreWeave to Serve Industries in Emerging Technology

GlobeNewswire

Published on : Jul 31, 2023

TierPoint, a leading provider of ultra-high-density infrastructure to companies that are enabling the development and operation of artificial intelligence (AI) tools and applications, has signed a long-term agreement with CoreWeave, a specialized cloud provider built for large-scale, GPU-accelerated workloads.

Under the agreement, TierPoint will deploy ultra-high-density colocation services in one of its state-of-the-art data centers. This specialized infrastructure will support the continued, rapid expansion of CoreWeave’s cloud solutions for compute-intensive use cases, including machine learning and AI, visual effects (VFX) and rendering, batch processing and pixel streaming. Financial terms of the agreement were not disclosed.

CoreWeave’s serverless orchestration layer makes it a particularly attractive option for AI companies that are rushing to get products to market. Such companies can use CoreWeave to spin up workloads in as little as five seconds with increased portability, less overhead and less management complexity.

“TierPoint provides CoreWeave with technologically advanced solutions in a cost-effective manner, enabling the company to meet the needs of our customers rapidly and economically,” said Michael Intrator, CEO and Co-founder of CoreWeave.

“We’re very excited to welcome CoreWeave to our diverse roster of thousands of clients,” said TierPoint Chairman & CEO Jerry Kent. “CoreWeave offers a truly innovative platform for the development of AI and other compute-intensive applications, and their vote of confidence in TierPoint reinforces the unique value of our ultra-high-density colocation solution to power these business goals.”