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CoreWeave Raises $1.1B to Fuel Alternative Cloud for AI Workloads
Growth StageAIB2B Growth

CoreWeave Raises $1.1B to Fuel Alternative Cloud for AI Workloads

P
Pulse
•May 5, 2024
P
Pulse•May 5, 2024
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CoreWeave

CoreWeave

company

Deal Summary

CoreWeave announced a $1.1 billion funding round to expand its alternative cloud infrastructure focused on GPU-accelerated workloads for AI and large-scale compute. The capital will be used to scale capacity and support enterprise AI customers amid rising demand for specialized cloud providers.

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