Articles from CoreWeave

CoreWeave (NASDAQ: CRWV), the AI Hyperscaler™, and Core Scientific (NASDAQ: CORZ), a leading data center infrastructure provider, today announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock based on a fixed exchange ratio. Following CoreWeave’s successful IPO in March 2025, this acquisition will help CoreWeave verticalize its data center footprint to future-proof revenue growth and enhance profitability. Through this acquisition, CoreWeave will own approximately 1.3 GW of gross power across Core Scientific's national data center footprint1 with an incremental 1 GW+ of potential gross power available for expansion.

CoreWeave (“the company”), a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced an additional $200 million in funding from Magnetar Capital (“Magnetar”), a leading alternative asset manager.

CoreWeave (“the Company”), a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced it has secured $221 million in Series B funding. The round was led by Magnetar Capital (“Magnetar”), a leading alternative asset manager, with contributions from NVIDIA, and rounded out by Nat Friedman and Daniel Gross.

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced general availability of instances of NVIDIA HGX H100 GPUs online. This is CoreWeave’s second NVIDIA H100 offering, following the company’s launch of H100 PCIe GPU instances in January.

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced its acquisition of Conductor Technologies, developer of the Conductor cloud-based task management service that simplifies access to cloud resources at scale.

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced it has secured $100 million from Magnetar Capital (“Magnetar”), a leading alternative asset manager based in Evanston, Ill., to scale its on-demand GPU compute resources for customers and democratize access to market disruptive AI products. This funding injection is Magnetar’s second investment in CoreWeave, following its first in November 2021.

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced it is among the first to offer cloud instances with NVIDIA HGX H100 supercomputing. CoreWeave, Amazon, Google, Microsoft and Oracle are the first cloud providers included in the launch of this groundbreaking AI platform. CoreWeave was the first Elite Cloud Service Provider for Compute in the NVIDIA Partner Network (NPN) and is also among the NPN’s Elite Cloud Service Providers for Visualization.

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced the launch of its Accelerator Program to democratize access to GPU compute in the cloud.