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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.

Reuters on MSN · 21h

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.

SiliconANGLE · 22h

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.

MarketWatch · 1d

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,

Reuters on MSN · 19h

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 source had said at the time.

27mon MSN

Pure Storage, Inc. (NYSE: PSTG) Boosts AI Cloud Innovation, Announces Strategic Partnership with CoreWeave

We recently compiled a list of the 15 AI News You Must Read Today. In this article, we are going to take a look at where Pure ...

NJBIZ1d

CoreWeave closes $650M investment round

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

Datacenter Dynamics10h

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 & ...

Bisnow7d

CoreWeave Grows Data Center Footprint, Prepares For IPO After $10B Microsoft Deal

A $10B deal with Microsoft could push CoreWeave's revenue up 300% as the AI cloud startup expands its data center portfolio.

23h

Evercore says CoreWeave deal could yield sizable contributions for Pure Storage

After Pure Storage (PSTG) announced its strategic investment in GPU cloud provider CoreWeave as part of the latter’s latest funding ...

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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CoreWeave closes $650 million secondary sale

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