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Artificial intelligence startup CoreWeave completes $7.50 billion round of funding

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2024-05-17 11:50:37
On May 17, NVIDIA-backed artificial intelligence startup CoreWeave announced the completion of a new round of financing, with investors such as Blackstone, Carlyle Group and BlackRock participating. This financing is one of the largest private debt financing in history.
Two weeks ago, CoreWeave closed a $1.10 billion equity funding round at a $19 billion valuation. By the end of last year, the company had 14 data centers and plans to double that number by the end of this year.
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