CoreWeave Stock Software / Data IntelligenceFounded: 2017Funding to Date: $431.83MM

CoreWeave is a cloud solutions provider with varying options for enterprise-level support and scale depending on client needs, including machine learning and AI, and pixel streaming. CoreWeave was founded in 2017 by Michael Intrator, Brannin McBee, and Brian Venturo and is headquartered in Roseland, NJ.

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Management Team

Evan Meagher JD
Chief Financial Officer
Brannin McBee
Co-Founder & Chief Strategy Officer
Brian Venturo
Co-Founder & Chief Technology Officer
Michael Intrator
Co-Founder, President & Chief Executive Officer

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News Highlights

CoreWeave Receives $7.5 Billion in Debt Financing
In funding led by Blackstone, CoreWeave received $7.5 billion.
AI Cloud Computing Startup CoreWeave Valued at $19 Billion in New Funding Round
In an investment led by Fidelity and Magnetar Capital, CoreWeave raised $1.1 billion.
Fidelity and Jane Street Back CoreWeave at $7B Valuation
CoreWeave, a startup that powers AI tools by providing GPU resources, completed a minority stake sale to investors. The sale was led by investment firm Fidelity Management & Research Co. Several investment firms were among the participants in the deal including Investment Management Corp., Goanna Capital, and JPMorgan Asset Management. Bloomberg said the value of the company sits at $7 billion following the sale. CoreWeave CEO Michael Intrator said the company offers “the most differentiated” AI infrastructure to customers.
Updated on: May 23, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.