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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.
CoreWeave closes $650 million secondary share sale at $23 billion valuation
(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.
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.
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.
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.
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,
25m
on 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 ...
Datacenter Dynamics
10h
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 & ...
48m
TheCUBE analysis: Cloud-native infrastructure reshapes the future of scalable, AI-driven environments
Cloud-native infrastructure advances as platform engineering and AI transform scalable, secure solutions for modern digital ...
NJBIZ
23h
CoreWeave closes $650M investment round
Roseland-headquartered
CoreWeave
, a leader in
AI
cloud infrastructure, continued its remarkable growth with a Nov. 13 ...
Seeking Alpha
1d
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 ...
1d
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 ...
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