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CoreWeave closes $650 million secondary share sale at $23 billion valuation
By Arsheeya Bajwa and Krystal Hu (Reuters) -AI cloud platform operator CoreWeave said on Wednesday it closed a $650 million secondary share sale to investors, a deal that a source familiar with the matter said more than tripled the company's valuation over the past year to $23 billion.
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
CoreWeave, a cloud provider specializing in Nvidia graphics processing units, announced a $650 million secondary
share
sale, with Cisco and Pure Storage joining financial investors. The Nvidia-backed startup has committed to spending nearly $9 billion on ...
AI cloud operator CoreWeave closes $650M secondary sale
CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has closed a $650 million secondary sale. A standard funding round gives a startup access to capital for growth initiatives.
CoreWeave closes $650 million secondary sale as AI startups lure investors
AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar, Fidelity Management and Macquarie Capital, as investors look to capitalize on the generative AI boom.
Reuters
4h
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
The sale will represent around 2% of PIF's stake in STC and the price is around 6.48% lower than the
share
price at closing ...
India Today
2h
Swiggy share price falls 3% after listing. Should you buy or avoid?
The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing ...
2d
How to Calculate Cumulative Dividends Per Share
First, determine the preferred stock's annual dividend payment by multiplying the dividend rate by its par value. Both of ...
2d
on MSN
Microsoft tests a universal share button on Windows 11
Microsoft's is beta testing a Share button that will make it easier to send content between contacts in the Windows user ...
2d
‘We are at a crossroads’: Prince Harry and Meghan Markle share message on protecting children from digital violence
In August, the Archewell Foundation — an organization founded by Harry and Meghan in 2020 — launched The Parents’ Network, ...
India Today on MSN
3h
Niva Bupa share price: Stock lists at 6% premium on D-Street debut
Shares of Niva Bupa opened at Rs 78.50 on the Bombay Stock Exchange at a premium of 6.08%. The stock was listed at Rs 78.14 ...
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Kelly Rowland, Ashanti, and Ciara were among many celebrities who attended the 2024 Baby2Baby Gala. See red carpet looks we ...
1d
Asda’s share of UK grocery market slips while Lidl draws in shoppers
Asda’s share of the UK grocery market has slipped further, while German discounter Lidl continues to draw in shoppers, new ...
3d
on MSN
Dementia Doctors Share The Changes They Would Make Today For Better Brain Health
Doctors specializing in dementia and Alzheimer’s share the ways they take care of their brain and prevent cognitive decline, ...
2d
on MSN
Will ‘The Curse of Oak Island’ Find Real Treasure? Fans Share Doubts Ahead of Season 12
History Channel fans have reason to excavate their calendars. The Curse of Oak Island, starring brothers Rick and Marty ...
5d
on MSN
Redfin Lost Market Share, Missed Estimates and Cut Its Outlook. Its Stock Is Falling
Key Takeaways Redfin missed profit and sales estimates as its market share in the U.S. slipped.The online real estate site ...
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