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Alternative cloud providers are often part of multi-cloud strategies, where organizations use multiple cloud services—both from hyperscalers and specialized providers—to optimize performance, compliance, and cost efficiency. However, they do not necessarily serve as direct replacements for hyperscalers, as their offerings are typically more specialized. <ref name=":10" />
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Several alternative cloud providers offer specialized services that differentiate them from hyperscalers.
* CoreWeave – Specializes in high-performance computing and GPU-accelerated workloads, often used for AI, graphics rendering, and scientific simulations. <ref>{{Cite web |title=CoreWeave looks to raise up to $2.7bn in IPO |url=https://www.ft.com/content/fcd64fbf-6397-4768-87f4-21f1e191b46b |access-date=2025-03-20 |website=www.ft.com |language=en-GB}}</ref><ref>{{Cite web |last=Bort |first=Julie |date=2025-03-10 |title=In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave |url=https://techcrunch.com/2025/03/10/in-another-chess-move-with-microsoft-openai-is-pouring-12b-into-coreweave/ |access-date=2025-03-20 |website=TechCrunch |language=en-US}}</ref><ref>{{Cite news |last=Tan |first=Eli |last2=Metz |first2=Cade |date=2025-03-18 |title=How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether |url=https://www.nytimes.com/2025/03/18/technology/coreweave-wall-street-ai-ipo.html |access-date=2025-03-20 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>
==Similar concepts==
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