Coreweave thoroughly NVIDIA (NVDA) to acquire a developer platform AI before the IPO

Cloud Computing Coreweave plans to acquire AI developer platform weights and prejudices because it seeks to strengthen its infrastructure offers in the IA sector in rapid expansion.

The agreement, which should conclude in the first half of 2025, cost Coreweave $ 1.7 billion, according to an information report.

Weights and bias, which in 2023 were evaluated at $ 1.25 billion, became a must in the AI ​​development community, with researchers and engineers using its tools to manage complex automatic learning workflows.

By acquiring the company, Coreweave aims to integrate its cloud computing services with the tools of weight and biases, offering a more transparent experience to AI developers.

The acquisition comes only a few days after the cloud computing supplier has filed an initial public supply request (IPO) on Tuesday, the company is expected to raise $ 4 billion with an assessment of more than $ 35 billion.

Coreweave has also typed Bitcoin Miner Core Scientific (CORZ) to build 500 megawatts (MW) of infrastructure for AI.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top