Coreweave Secures $100M To Expand Nvidia Hgx H100 Gpu Offering, Usher In New Era Of Ai Innovation
12/06/22, 12:05 PM
Location
new yorkMoney raised
$100 million
Industry
information technology
software
Investors
Magnetar Capital
CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced it has secured $100 million from Magnetar Capital (“Magnetar”), a leading alternative asset manager based in Evanston, Ill., to scale its on-demand GPU compute resources for customers and democratize access to market disruptive AI products. This funding injection is Magnetar’s second investment in CoreWeave, following its first in November 2021.
Company Info
Location
101 eisenhower pkwy ste 106
new york, new york, united states
Additional Info
CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024.