AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

CoreWeave has acquired Weights & Biases to deliver the leading AI Cloud Platform—uniting compute and developer tools to accelerate AI innovation at scale.

CoreWeave deploys NVIDIA GB200 NVL72 systems, giving Cohere, IBM, and Mistral AI access to thousands of Grace Blackwell GPUs to power next-gen AI training and inference at scale.

CoreWeave launches NVIDIA GB200 NVL72 systems, offering advanced AI infrastructure to clients like IBM, Cohere, and Mistral AI.

CoreWeave set a new AI inference record using NVIDIA GB200 Superchips, achieving 800 TPS on Llama 3.1 405B and boosting Llama 2 70B throughput by 40% with H200 GPUs.

CoreWeave priced its IPO at $40/share, offering 37.5M shares under ticker "CRWV" on Nasdaq, raising $1.5B to expand its AI cloud platform.

CoreWeave appoints Jean English as Chief Marketing Officer, bringing over 20 years of marketing leadership from roles at Juniper Networks, Palo Alto Networks, NetApp, and IBM.

CoreWeave signed an $11.9B deal to provide AI infrastructure for OpenAI, expanding compute capacity for model training. OpenAI will also invest $350M in CoreWeave.

CoreWeave is acquiring AI developer platform Weights & Biases for ~$1.7B, integrating infrastructure and MLOps tools to streamline AI development ahead of its IPO.

CoreWeave filed for an IPO with the SEC, planning to list Class A common stock on Nasdaq under "CRWV"; details on share count and pricing are yet to be determined.

CoreWeave is the first cloud provider to offer NVIDIA GB200 NVL72 instances, delivering 1.44 exaFLOPS of AI compute and 13.5TB of NVLink-connected memory for next-gen AI workloads.