Releases

At the latest market close before October 4, CoreWeave’s Nasdaq-listed equity had a market capitalization of approximately $49.38 billion, with CRWV closing at $89.62.

CoreWeave reported second-quarter revenue of $2.575 billion, a $626 million net loss, and approximately $104 billion of revenue backlog.

CoreWeave closed a $2.6 billion delayed-draw term loan facility backed by a diversified set of customer contracts.

CoreWeave closed DDTL 4.0, an up-to-$8.5 billion non-recourse facility described as the first investment-grade-rated financing backed by HPC infrastructure and a customer contract.

CoreWeave reported fiscal 2025 revenue of $5.131 billion, up 168% year over year, with $66.8 billion of revenue backlog.

CoreWeave increased its revolving credit facility from $1.5 billion to $2.5 billion and extended maturity to November 2029.

CoreWeave announced the acquisition of Marimo, creator of an open-source reactive Python notebook, to unify experimentation and production workflows.

CoreWeave agreed to acquire Monolith AI and extend its full-stack platform into industrial engineering, simulation, automotive, and manufacturing workflows.

CoreWeave entered an agreement to acquire OpenPipe and add reinforcement-learning post-training for AI agents to its developer platform.

CoreWeave closed a $2.6 billion secured delayed-draw term loan to finance infrastructure supporting its OpenAI agreement.

CoreWeave announced an all-stock agreement to acquire Core Scientific and increase direct ownership of power and HPC data-center infrastructure.

CoreWeave completed its acquisition of Weights & Biases, creating an end-to-end AI cloud spanning infrastructure, model development, and evaluation.

CoreWeave’s Class A common stock began public trading on the Nasdaq Global Select Market under ticker CRWV.

CoreWeave priced 37.5 million Class A shares at $40 each, with trading under CRWV scheduled to begin on Nasdaq the next day.

CoreWeave entered an agreement to acquire Weights & Biases and add experiment tracking, model management, evaluation, and monitoring to its AI cloud platform.

A $650 million secondary share transaction valued CoreWeave at approximately $23 billion ahead of its public offering.

CoreWeave secured a $650 million revolving credit facility from a syndicate of major banks to support global expansion.

CoreWeave signed a $7.5 billion debt facility led by Blackstone and Magnetar to expand its contracted high-performance compute fleet.

CoreWeave raised $1.1 billion in Series C funding led by Coatue to expand its AI cloud across products and geographies.

CoreWeave completed a $642 million secondary transaction that gave existing shareholders liquidity and broadened its institutional investor base.

CoreWeave closed a $2.3 billion debt financing led by Magnetar and Blackstone to purchase hardware for contracted AI workloads.

CoreWeave closed a primary Series B funding round led by Magnetar Capital to expand its GPU cloud for generative AI.

CoreWeave acquired Conductor Technologies and its cloud task-management and burst-rendering platform, extending the cloud into end-to-end VFX and animation workflows.

Magnetar backed CoreWeave with a $100 million strategic investment to expand GPU capacity for AI, machine learning, and visual-computing customers.

CoreWeave raised $50 million from Magnetar Capital to scale its specialized NVIDIA GPU cloud infrastructure.