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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
5h
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 ...
19h
on MSN
RWE gains 8.3% after launching $1.6 billion share buyback
By Christoph Steitz, Kanjyik Ghosh and Vera Eckert FRANKFURT (Reuters) -RWE shares rose 8.3% on Wednesday after the group ...
11h
on MSN
Jason Statham and Rosie Huntington-Whiteley Share Rare Photos of Kids Jack and Isabella Aboard a Yacht on Family Trip
Jason Statham and Rosie Huntington-Whiteley share rare photos of their kids Jack, 7, and Isabella, 2, on a yacht during a ...
2d
Google is finally bringing Quick Share to ARM-based Windows PCs
Google is updating Quick Share for Windows to support ARM-based devices. The update is confirmed in Google’s Quick Share FAQ.
3h
Abu Dhabi's IHC launches $1.4 bln share buyback program
Abu Dhabi's largest listed firm International Holding Company (IHC) said on Thursday it has launched a share buyback program worth 5 billion dirhams ($1.36 billion).
Yahoo
21h
Chef sparks angry restaurant row over ‘window diners’ who share mains and only order tap water
A chef has served up a fiery restaurant row after hitting out at “window diners” who only order tap water and
share
courses ...
2d
on MSN
Apple will let you share AirTag locations with a link
The ability to share your AirTag’s location is available in “most regions worldwide” as part of the iOS 18.2 public beta. If ...
1d
on MSN
Apple is making it easier to find your lost luggage by letting you share AirTag tracking info with airlines
Apple partnered with over 15 airlines, including Delta and United, for an AirTag feature expected to launch next month.
KELOLAND News
23h
Phillips Ave. businesses share thoughts on parking
SIOUX FALLS, S.D. (KELO) – Pickups, vans and SUVs that are more than 18 feet long may be banned from parking in some areas on ...
1h
Mizuho Raises Profit Forecast, Announces Share Buyback
Mizuho Financial Group Inc. raised its full-year profit forecast and announced a stock buyback after first-half results were ...
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