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HYPE $57.61 -1.04%
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XLM $0.1782 -1.31%
ZEC $477.82 -4.30%

WSJ: GPU cloud computing platform CoreWeave raises $7.5 billion to drive artificial intelligence computing

2024-05-17 19:32:07
Collection

ChainCatcher news, May 17, according to The Wall Street Journal, AI cloud computing startup CoreWeave, supported by Nvidia, has raised $7.5 billion from investors including Bain Capital, Carlyle Group, and BlackRock, making this financing one of the largest private debt financings in history.

Two weeks ago, CoreWeave had just completed a round of $1.1 billion in equity financing, with a valuation of $19 billion. As of the end of last year, the company had 14 data centers and plans to double that number to 28 data centers by the end of this year.

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