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,
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 ...
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 ...
NJBIZ1d
CoreWeave closes $650M investment round
Roseland-headquartered CoreWeave, a leader in AI cloud infrastructure, continued its remarkable growth with a Nov. 13 ...
Harvard Business Review2d
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.
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 ...