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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.
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.
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.
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
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.
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,
13h
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 ...
7h
Pure Storage announces partnership with CoreWeave to accelerate large-scale AI Cloud Services Innovation
Pure Storage®, the IT pioneer delivering the world’s most advanced data storage technologies and services, and CoreWeave, the ...
Harvard Business Review
2d
True AI Transformation Depends on the Power and Capacity of Solid-State Drives
As organizations invest in their AI infrastructure, one critical element they can’t afford to overlook is storage.
2h
on MSN
ASML Holding N.V. (ASML): An AI Stock Grabbing Investor Attention
We recently compiled a list of the 15 AI News and Ratings Grabbing Investor Attention. In this article, we are going to take ...
NJBIZ
1d
CoreWeave closes $650M investment round
Roseland-headquartered
CoreWeave
, a leader in
AI
cloud infrastructure, continued its remarkable growth with a Nov. 13 ...
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 ...
Bisnow
7d
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.
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