CoreWeave closes $650 million secondary sale

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
CoreWeave, a cloud provider specializing in Nvidia graphics processing units, announced a $650 million secondary share sale, with Cisco and Pure Storage joining financial investors. The Nvidia-backed startup has committed to spending nearly $9 billion on ...
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.
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. 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 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.
NJBIZ18h
CoreWeave closes $650M investment round
Roseland-headquartered CoreWeave, a leader in AI cloud infrastructure, continued its remarkable growth with a Nov. 13 ...
Seeking Alpha22h
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 ...
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 ...
Bisnow6d
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.
Business Insider1d
Pure Storage announces strategic investment in CoreWeave
Pure Storage (PSTG) announced Pure Storage’s strategic investment in CoreWeave to accelerate AI cloud services innovation. Alongside the investment, the companies unveiled a strategic partnership, ...
Yahoo Finance5d
SuRo Capital Corp (SSSS) Q3 2024 Earnings Call Highlights: Strategic AI Investments and ...
Cash Available for Investment: Approximately $32.7 million, representing 14% of gross assets. Top Five Positions: CoreWeave, Learneo, OpenAI, Blink Health, and ServiceTitan, accounting for 47% of ...