CoreWeave has filed a notice of an exempt offering of securities to raise $100,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, CoreWeave is raising $100,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Michael Intrator played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About CoreWeave
CoreWeave is a specialized cloud provider, delivering a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure. An NVIDIA Elite Cloud Solutions Provider for Compute and Visualization, CoreWeave builds cloud solutions for compute intensive use cases – VFX and Rendering, Machine Learning and AI, Batch Processing, and Pixel Streaming – that are up to 35x faster and 80% less expensive than the large, generalized public clouds.
To learn more about CoreWeave, visit http://www.coreweave.com/
Contact:
Michael Intrator, President and Chief Executive Officer
917-373-3740
https://www.linkedin.com/in/michael-intrator-2383aa57/
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