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CoreWeave closes $650 million secondary sale

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.

SiliconANGLE · 19h

AI cloud operator CoreWeave closes $650M secondary sale

CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has closed a $650 million secondary sale.

GlobalData on MSN · 8h

Cloud computing provider CoreWeave raises $650m in secondary share sale

US-based AI cloud computing provider CoreWeave has completed a $650m secondary share sale. According to a source cited by Reuters, the deal has boosted the company's valuation to more than $23bn, up from $7bn about a year ago.

Reuters · 19h

CoreWeave closes $650 million secondary share sale at $23 billion valuation

AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar, Fidelity Management and Macquarie Capital, as investors look to capitalize on the generative AI boom.

Datacenter Dynamics · 7h

AI cloud company CoreWeave secures another $650m investment

GPU cloud provider CoreWeave has closed a minority investment of $650 million. Announced this week, the latest investment round was led by investors Jane Street, Magnetar, Fidelity Management & Research Company,

16hon MSN

CoreWeave closes $650 million secondary sale as AI startups lure investors

CoreWeave in May was valued at $19 billion after a $1.1 billion series C investment led by private equity firm Coatue, a ...

NJBIZ21h

CoreWeave closes $650M investment round

Roseland-headquartered CoreWeave, a leader in AI cloud infrastructure, continued its remarkable growth with a Nov. 13 ...

Seeking Alpha1d

Pure Storage slides after revealing partnership with AI hyperscaler

The drop occurred after Pure Storage revealed a new partnership with CoreWeave. The plan involves investment in AI cloud ...

Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead

Oppenheimer analyst initiates coverage on Pure Storage with Outperform rating and $70 price target, citing potential growth ...

Harvard Business Review2d

True AI Transformation Depends on the Power and Capacity of Solid-State Drives

As organizations invest in their AI infrastructure, one critical element they can’t afford to overlook is storage.

Seeking Alpha1d

Nebius Group: Well-Positioned To Be An AI Megatrend Winner

We want to use two of its peers, Northern Data and CoreWeave, to value Nebius' core AI business: Northern Data is listed ...

23h

Pure Storage Invests in CoreWeave, Forms Partnership for AI Cloud Services; Stock Drops

Pure Storage ( PSTG, Financials) has announced a strategic investment in CoreWeave, a company specializing in artificial intelligence cloud infrastructure; PSTG stock fell post the announcement but ...

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