Releases

CoreWeave announced an incremental £1.5 billion UK data-center commitment, bringing its stated UK investment to £2.5 billion.

CoreWeave and NVIDIA agreed on a strategic collaboration to scale GPU infrastructure and accelerate AI innovation.

CoreWeave launched a venture initiative offering capital, compute, and technical expertise to companies building AI infrastructure and applications.

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.

The companies submitted the largest NVIDIA Blackwell MLPerf Training v5.0 cluster and reported record Llama 3.1 405B training performance.

CoreWeave made eight-GPU NVIDIA HGX B200 Blackwell instances generally available for enterprise AI training and inference.

CoreWeave expanded its OpenAI infrastructure agreement by up to $4 billion, increasing the relationship’s contracted value.

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

CoreWeave submitted the first cloud-provider MLPerf Inference v5.0 results for NVIDIA GB200, reporting more than 800 tokens per second on Llama 3.1 405B.

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 launched S3-compatible AI Object Storage with LOTA caching, exabyte-scale design, and performance targeted at training and inference.

CoreWeave entered a long-term agreement to provide AI infrastructure to OpenAI, with a contract value of up to $11.9 billion.

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

CoreWeave became the first cloud provider to make rack-scale NVIDIA GB200 NVL72 instances generally available through its Kubernetes service.

CoreWeave detailed Mission Control capabilities for infrastructure validation, proactive node replacement, fleet health, and AI cluster observability.

By year-end 2024, CoreWeave operated more than 360 megawatts of active power and held about 1.3 gigawatts of contracted capacity.

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 publicly introduced Mission Control as its managed workflow for validating hardware, monitoring cluster health, and maintaining reliable AI infrastructure.

CoreWeave launched NVIDIA H200 Tensor Core GPU instances and said it was the first cloud provider to bring the H200 to market.

CoreWeave announced NVIDIA HGX B200 and GB200 NVL72 Blackwell cluster configurations connected with NVIDIA Quantum-2 InfiniBand.

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

CoreWeave established its European headquarters in London and announced a $1.25 billion regional infrastructure investment plan.

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 announced plans to offer NVIDIA GH200 Grace Hopper Superchip instances in the first quarter of 2024 and deploy NVIDIA HGX H200 systems.

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

CoreWeave released Tensorizer, an open-source tensor serialization tool that streams models from S3, HTTP, and file storage to reduce PyTorch model startup time.

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

CoreWeave publicly detailed its managed inference service for securely serving AI models at scale.

CoreWeave made large-scale NVIDIA H100 Tensor Core GPU infrastructure available for generative-AI training and inference workloads.

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.

CoreWeave established a managed, multi-tenant Kubernetes cloud running directly on bare metal for GPU-accelerated machine-learning and inference workloads.

CoreWeave launched its specialized cloud business around on-demand NVIDIA GPU infrastructure for compute-intensive workloads.

After the cryptocurrency downturn, the company redirected its GPU fleet toward accelerated cloud workloads and changed its name to CoreWeave, Inc.

The founders turned an experimental cryptocurrency-mining GPU setup into a business and expanded through opportunistic purchases of GPU hardware.

Michael Intrator, Brian Venturo, and Brannin McBee formed The Atlantic Crypto Corporation LLC, the company that later became CoreWeave.