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 Ventures

OpenPipe by CoreWeave

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 Compute

NVIDIA HGX B200 Instances

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

Weights & Biases by CoreWeave

CoreWeave Compute

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 AI Object Storage

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

Weights & Biases by CoreWeave

NVIDIA GB200 NVL72 Instances

CoreWeave Mission Control

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 Mission Control

NVIDIA H200 Instances

CoreWeave Compute

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.

NVIDIA GH200 Instances

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

CoreWeave Tensorizer

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

CoreWeave Inference

NVIDIA H100 Instances

Conductor by CoreWeave

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 Kubernetes Service

CoreWeave Cloud

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.