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.
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 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 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 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 ...
Pure Storage, Inc. (NYSE: PSTG) Boosts AI Cloud Innovation, Announces Strategic Partnership with CoreWeave
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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 ...
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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 ...
Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead
Pure Storage, Inc. (NYSE:PSTG) shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on ...
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CoreWeave closes $650M investment round
Pure Storage, funds and accounts managed by BlackRock, Coatue, Neuberger Berman and others. In connection with the ...
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 ...