Another former crypto miner is quietly making the case that pivoting to AI may be the smartest survival move in today’s market.
This time, the proof point is CoreWeave (NASDAQ: CRWV), a firm that began life as a Bitcoin mining operation and is now pulling in billions from Big Tech.
Related: What is Bitcoin mining? Explained
CoreWeave didn’t start out as an AI darling.
The company was founded in 2017 under the name Atlantic Crypto, initially focused on Bitcoin mining. But after the 2018 crypto crash exposed how fragile mining economics could be, the team made a decisive pivot.

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