Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

Cloud computing firm CoreWeave has plans to acquire AI developer platform Weights & Biases as it seeks to bolster its infrastructure offerings in the fast-expanding AI sector.

The deal, which is expected to close in the first half of 2025, cost CoreWeave $1.7 billion, according to a report by The Information.

Weights & Biases, which in 2023 was valued at $1.25 billion, has become a staple in the AI development community, with researchers and engineers using its tools to manage complex machine learning workflows.

By acquiring the company, CoreWeave aims to integrate its cloud computing services with Weights & Biases’ tools, offering a more seamless experience for AI developers.

The acquisition comes just days after the cloud computing provider filed for an initial public offering (IPO) on Tuesday, with the company expected to raise $4 billion with a valuation of more than $35 billion.

CoreWeave also tapped bitcoin miner Core Scientific (CORZ) to build 500 megawatts (MW) of infrastructure for AI-related purposes.

İlginizi Çekebilir:CANLI | Anlaşma detayları belli oldu! Fenerbahçe transferde sona geldi
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market
(ÖZET) Galatasaray – Unicaja Malaga maç sonucu: 67-83 | Final şanssızlığımız sürüyor
Crypto Custodian Hex Trust Secures Major Payment Institution License in Singapore
Crypto Asset Manager Bitwise Bolsters Balance Sheet With $70M Equity Raise
Batagov’a Premier Lig’den talip! Trabzonspor’da savunma hattı değişiyor
Lucas Torreira: ‘Okan Buruk istifa!’ Herkesi şoke etti, Galatasaray’ın Uruguaylı yıldızının sözleri sosyal medyayı salladı…
Mariobet Resmi | © 2025 |