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What will be CoreWeave's market position among AI cloud computing providers by June 30, 2025?
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Market analysis reports from reputable firms or major financial news outlets like Bloomberg
Story
CoreWeave in Talks for $23 Billion Valuation Share Sale, Nvidia Invested $100 Million
Sep 13, 2024, 02:52 PM
CoreWeave, a cloud computing provider that’s among the hottest startups in the artificial intelligence race, is in talks to arrange a sale of existing shares valuing the company at $23 billion, Bloomberg News reports. The valuation has increased from $19.1 billion in May. Shareholders may sell up to $500 million worth of shares. Nvidia has invested more than $100 million in CoreWeave, which offers chips for hire to companies needing cloud computing capacity.
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