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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.
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
CoreWeave, a cloud provider specializing in Nvidia graphics processing units, announced a $650 million secondary
share
sale, with Cisco and Pure Storage joining financial investors. The Nvidia-backed startup has committed to spending nearly $9 billion on ...
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.
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.
Reuters
5h
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
The sale will represent around 2% of PIF's stake in STC and the price is around 6.48% lower than the
share
price at closing ...
10m
Here’s why the 3i share price is climbing after the company’s latest earnings update
After the firm's latest earnings report, the 3i share price reflects a company going from strength to strength, with the potential for more to come.
India Today
2h
Swiggy share price falls 3% after listing. Should you buy or avoid?
The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing ...
14h
on MSN
Sleep Doctors Share the 1 Tip That's Changed Their Lives
Even though we spend roughly a third of our lives doing it, sleep doesn’t always come easily. More than one in three adults ...
2d
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
‘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, ...
Yahoo
21h
Chef sparks angry restaurant row over ‘window diners’ who share mains and only order tap water
A chef has served up a fiery restaurant row after hitting out at “window diners” who only order tap water and
share
courses ...
2d
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 ...
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
Dementia Doctors Share The Changes They Would Make Today For Better Brain Health
Doctors specializing in dementia and Alzheimer’s share the ways they take care of their brain and prevent cognitive decline, ...
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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