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CoreWeave CEO on H-1B visas: Additional fee is 'sand in the gears' for access to talent
CNBC Televisionยท2025-09-22 15:37

H-1B Visa Policy Impact - The introduction of a $100,000 one-time fee for H-1B visa applications represents a substantial increase from the previous $215 fee [1] - The company acknowledges the administration's agenda regarding technology companies and immigration and states it will comply with regulations [2] - The company relies on talented foreign individuals to drive technology forward [2] - Increased H-1B visa fees act as an impediment, slowing down access to talent [2][3] - While the company will comply with the competitive landscape, the increased fees are expected to decelerate access to certain talents [3]