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 Forge

CoreWeave Notebooks

CoreWeave ARIA

CoreWeave ARENA

NVIDIA Vera Rubin NVL72

NVIDIA Vera CPU Instances

CoreWeave Partner Network

CoreWeave Forge

Mission Control Agent

Mission Control MCP

CoreWeave AI Object Storage

NVIDIA Vera Rubin NVL72

CoreWeave Physical AI Field Engineering

Hudson River Trading selected CoreWeave’s NVIDIA Vera Rubin NVL72 infrastructure for a next-generation quantitative research platform under a multi-billion-dollar agreement.

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 Cloud

W&B Weave

CoreWeave ARIA

CoreWeave Compute

CoreWeave was selected for inclusion in the Nasdaq-100 Index about fifteen months after its IPO.

NVIDIA Vera Rubin NVL72

CoreWeave Sandboxes

CoreWeave Inference

CoreWeave SUNK

CoreWeave Interconnect

Local Object Transport Accelerator

Jane Street agreed to purchase $6 billion of CoreWeave AI cloud services and invest $1 billion in CoreWeave equity.

CoreWeave announced a multi-year agreement to support development and deployment of Anthropic’s Claude model family.

Meta and CoreWeave announced an expanded $21 billion agreement under which Meta would use CoreWeave Cloud to scale AI inference workloads.

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 Cloud

CoreWeave Compute

CoreWeave announced an agreement to provide AI inference infrastructure for Perplexity.

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

CoreWeave Cloud

CoreWeave ARENA

NVIDIA agreed to test and validate CoreWeave’s platform software and reference architectures to accelerate deployment of AI factories.

NVIDIA Vera Rubin NVL72

CoreWeave Cloud

CoreWeave Mission Control

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

The proposed Core Scientific acquisition was terminated after Core Scientific stockholders did not approve the all-stock merger agreement; the commercial partnership continued.

Marimo by CoreWeave

CoreWeave AI Object Storage

CoreWeave agreed to provide Poolside with a cluster of more than 40,000 NVIDIA GB300 NVL72 GPUs and support its Project Horizon AI campus.

Serverless Reinforcement Learning

Monolith by CoreWeave

A third OpenAI agreement added up to $6.5 billion, bringing total announced contract value with OpenAI to approximately $22.4 billion.

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.