In early March, we announced our exciting decision to enter into an agreement to acquire Weights & Biases—the AI developer platform. We promised a joint mission to expand our footprint and push the boundaries of what’s possible with AI for our customers. Today marks the first step of making good on that commitment. We are thrilled to share that we have completed our acquisition of Weights & Biases.
The strategic combination strengthens CoreWeave’s capabilities to power AI innovation by delivering the leading AI Cloud Platform—purpose-built to develop, deploy, and iterate AI faster for the world’s leading AI labs and enterprises. Our customers have asked us to enable them to build and scale faster for the inference era, and this combination enables us to do exactly that.
It’s clear to us that CoreWeave and Weights & Biases are a strategic fit. We believe we will be stronger for our teams and our customers—and think this is also an important investment in the future of AI. We’ve said it before and we’ll say it again: this combination means impact—greater resources, support, and possibilities for the entire CoreWeave community. The acquisition not only expands our customer base; it also provides actionable insight into AI’s highest-impact uses across the industry. Our unified platform will boost efficiency and performance from compute to AI model training, to AI agent and application evaluation and monitoring. And we anticipate that our augmented infrastructure and application observability insights will be able to support builders and create more value by simplifying AI workflows and accelerating time to market. CoreWeave continues to be committed to the interoperability of the Weights & Biases platform so our customers have the flexibility to choose any deployment option, any infrastructure provider, and any foundation model, framework, or protocol.
Culturally, we also have a lot in common—we share the vision and values to power AI innovation, an intense focus on the end-user experience, a deep culture of engineering excellence, and a passion for tackling the most complex challenges in AI as we develop cutting-edge tech and solutions. We’re excited to welcome the relentless and innovative builders from the Weights & Biases team. Our products and services are designed around our clients’ need to be on the bleeding edge of technology. We expect that combining our complementary strengths will empower us to innovate even faster. We have built incredible things separately and now, together, we will unlock new possibilities and co-create the future of AI.
Safe Harbor Statement
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the acquisition of Weights & Biases by CoreWeave and its impact on the CoreWeave Cloud Platform, the plans, benefits, and synergies resulting from the acquisition and other future events, which statements are based on current expectations, forecasts, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such statements. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to: CoreWeave’s ability to integrate Weights & Biases’ operations into its business; CoreWeave’s ability to fully realize the anticipated benefits from the acquisition in a timely manner; CoreWeave’s ability to develop and release platform, product and service enhancements, and new products and services to respond to rapid technological change in a timely and cost-effective manner; intense and increasing competition in CoreWeave’s market; obtaining regulatory approvals for the transaction; and other general market, political, economic, and business conditions. These factors, as well as others, are discussed in CoreWeave’s filings with the Securities and Exchange Commission (SEC), including the section titled “Risk Factors” in CoreWeave’s Prospectus dated March 27, 2025, filed on March 31, 2025 pursuant to Rule 424(b) under the Securities Act of 1933, as amended, relating to the Registration Statement on Form S-1, as amended (File No. 333-285512). All forward-looking statements contained herein are based on information available as of the date hereof and neither CoreWeave nor Weights & Biases assumes any obligation to update these statements as a result of new information or future events.
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