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 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,
CoreWeave closes $650 million secondary share sale at $23 billion valuation
By Arsheeya Bajwa and Krystal Hu (Reuters) -AI cloud platform operator CoreWeave said on Wednesday it closed a $650 million secondary share sale to investors, a deal that a source familiar with the matter said more than tripled the company's valuation over the past year to $23 billion.
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,
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 sale as AI startups lure investors
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. A standard funding round gives a startup access to capital for growth initiatives.
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According to a Bloomberg report citing unnamed sources familiar with the matter, the deal comes as CoreWeave CEO Michael Intrator reportedly nears completion of a secondary transaction which would ...
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CoreWeave to convert New Jersey lab building into data center
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Cisco set to invest in CoreWeave at $23 billion valuation, Bloomberg News reports
CoreWeave CEO Michael Intrator had discussed a secondary transaction that would allow existing shareholders to sell up to $500 million worth of shares, Bloomberg News reported in September.
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COREWEAVE SIGNS 280,000 SF LEASE AT ONYX AND MACHINE'S NORTHEAST SCIENCE & TECHNOLOGY CENTER IN KENILWORTH
CoreWeave plans to invest $1.2 billion ... or their energy requirements," said Ralph LaRossa, Chair, President and CEO of PSEG, PSE&G's parent company. "This project is a good example of the ...
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Crypto Currents: Core Scientific announces exercise of option by CoreWeave
Core Scientific CEO. “There is significant demand for infrastructure to support next generation compute workloads. Our contracts with CoreWeave represent the foundation for Core Scientific’s ...