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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.
Santa Rosa Press Democrat
16h
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, ...
3d
How to Calculate Cumulative Dividends Per Share
First, determine the preferred stock's annual dividend payment by multiplying the dividend rate by its par value. Both of ...
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 ...
Santa Rosa Press Democrat
5h
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.
5h
on MSN
Dave Coulier and Al Roker share emotional moment after ‘Full House’ star revealed cancer diagnosis
After exclusively announcing on TODAY that he has Stage 3 non-Hodgkin lymphoma, Dave Coulier shared a touching moment with Al ...
WVTM 13
2h
SHARE: WVTM 13's Celebration of Holiday Lights
This holiday season, WVTM 13 is showcasing your festively-decorated homes and businesses across Central Alabama.
3d
‘We are at a crossroads’: Prince Harry and Meghan Markle share message on protecting children from digital violence
In August, the Archewell Foundation — an organization founded by Harry and Meghan in 2020 — launched The Parents’ Network, ...
1h
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
A Universal Share Button is Coming to Windows 11
Microsoft is testing a universal share button across system UIs on Windows 11. You will be able to share local files from the ...
3d
Nelly and Ashanti Share How Life Has Changed After Welcoming Son Kareem: 'He's a Blessing' (Exclusive)
Nelly and Ashanti spoke to PEOPLE about how their life has changed since welcoming their son Kareem in July while attending ...
TechCrunch
3d
Apple updates Find My to let you share locations of lost items
Apple will soon let users
share
the location of lost or missing items — such as an iPhone, MacBook, or something with an ...
16h
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 ...
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