CoreWeave closes $650 million secondary sale

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. This transaction involved existing stakeholders selling shares to outside investors.
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.
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.
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.
CoreWeave Expands Investor Base with $650 Million Secondary Sale
CoreWeave, the AI Hyperscaler(TM), today announced that it has closed a minority investment of $650 million led by investors Jane Street, Magnetar, Fidelity Management & Research Company and entities administered by entities administered by Macquarie Capital,
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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 & ...
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CoreWeave closes $650M investment round
“The support from some of the leading financial institutions and technology innovators demonstrates the strength of and ...
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Microsoft Is a CoreWeave Rival. It’s Also a Big Customer
CoreWeave, a fast-growing cloud startup that operates data centers for artificial intelligence developers, pitches itself to ...
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CoreWeave to convert New Jersey lab building into data center
In the US, CoreWeave has signed leasing deals with the likes of Lincoln Rackhouse, Chirisa, Flexential, TierPoint, Digital Realty, and Core Scientific for data centers across the US, including in ...