Tech Company Financing Transactions
CoreWeave Funding Round
Blackstone, Magnetar Capital and Coatue Management participated in a $2.3 billion capital raise for CoreWeave. The funding round was announced by the company on 8/3/2023.
Transaction Overview
Company Name
Announced On
8/3/2023
Transaction Type
Debt
Amount
$2,300,000,000
Round
Undisclosed
Investors
Proceeds Purpose
AI startup helmed by DeepMind co-founder Mustafa Suleyman, is one of those outfits. Inflection trained its AI assistant product, Pi, on CoreWeave's infrastructure. And it's working with Nvidia and CoreWeave to build an AI training cluster with 22,000 H100 GPUs.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Overview
CoreWeave is a modern cloud, providing enterprise scale with the flexibility of a start-up. We build infrastructure that supports compute intensive workloads, so you can focus on what you do best.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Intrator
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Where The Data Comes From
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