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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
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,
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.
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.
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. A standard funding round gives a startup access to capital for growth initiatives.
17h
Mizuho Raises Profit Forecast, Announces Share Buyback
Mizuho Financial Group Inc. raised its full-year profit forecast and announced a stock buyback after first-half results were ...
12h
on MSN
Sharks Share Practice With Rec League Goalie
The San Jose Sharks made a routine practice on the road into something unforgettable for one lucky man. While skating at ...
Santa Rosa Press Democrat
6h
Share your photos and memories from Santa Rosa in the 1970s
Did you live in Santa Rosa in the 1970s? Share your photos and memories with us below for a potential story.
1d
on MSN
Catholic bishops urged to boldly share church teachings — even unpopular ones
Several U.S. Catholic bishops on Wednesday encouraged the church to boldly share Vatican teachings on a range of hot-button ...
2h
on MSN
‘It sounded like an automatic’: Neighbors share experience day after teen killed in south Kansas City
People living at the Stonewood Apartments on East 85th Terrace said they were forced into their apartments by the police ...
Santa Rosa Press Democrat
17h
Bike share program rolls out on Petaluma streets
Redwood Bikeshare, already in Marin, Cotati and Rohnert Park, will continue to expand across Sonoma County. Lively speakers, ...
WVTM 13
3h
SHARE: WVTM 13's Celebration of Holiday Lights
This holiday season, WVTM 13 is showcasing your festively-decorated homes and businesses across Central Alabama.
3h
on MSN
Growing calls for House Ethics Committee to share report on Matt Gaetz
Calls are growing from prominent Republican leaders for the House Ethics Committee to share its report on former Rep. Matt ...
2d
on MSN
Apple is making it easier to find your lost luggage by letting you share AirTag tracking info with airlines
Apple partnered with over 15 airlines, including Delta and United, for an AirTag feature expected to launch next month.
3d
on MSN
Apple will let you share AirTag locations with a link
The ability to share your AirTag’s location is available in “most regions worldwide” as part of the iOS 18.2 public beta. If ...
40m
Happy Gurpurab 2024: 50+ Best Wishes, Quotes, Messages and Images to Share on Guru Nanak Jayanti
Celebrate Guru Nanak Jayanti 2024 by sharing these meaningful wishes, quotes, and messages with your loved ones.
2d
on MSN
Microsoft tests a universal share button on Windows 11
Microsoft's is beta testing a Share button that will make it easier to send content between contacts in the Windows user ...
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