Loading...
Market
Will CoreWeave's valuation hit $25 billion in 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Financial news reports, company announcements, and market analysis
Story
CoreWeave Raises $1.1B, Valuation Hits $19B in Latest Funding Round
May 1, 2024, 02:49 PM
CoreWeave, a New Jersey-based AI cloud computing startup, has successfully raised $1.1 billion in a funding round led by Coatue, with participation from major investors including Fidelity and Magnetar Capital. This recent influx of capital has elevated CoreWeave's valuation to $19 billion. The company, which specializes in renting out chips for AI system development, has achieved this significant valuation just five months after a prior funding round where it raised $642 million.
View original story
Similar markets
Decline more than 20% • 25%
Decline less than 20% • 25%
Increase less than 20% • 25%
Increase more than 20% • 25%
Very Positive • 33%
Neutral • 33%
Negative • 33%
Significantly Improved • 33%
Moderately Improved • 33%
No Improvement • 33%