CoreWeave closes $650 mln 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.
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. The secondary sale ...
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™, 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,
CoreWeave closes $650 mln 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.
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CoreWeave closes $650M investment round
Roseland-headquartered CoreWeave, a leader in AI cloud infrastructure, continued its remarkable growth with a Nov. 13 ...
Pure Storage slides after revealing partnership with AI hyperscaler
Pure Storage (NYSE:PSTG) reversed course during early afternoon trading on Wednesday as shares fell after being up ...
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 ...
Business Insider18h
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, ...
The Financial Times10d
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips
Neocloud groups such as CoreWeave, Crusoe and Lambda Labs have acquired tens of thousands of Nvidia’s high-performance computer chips, known as GPUs, that are crucial for developing generative AI ...
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 Insider16h
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 round, and noted that as part of the strategic partnership, Pure ...
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 ...