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Market
Will Nvidia increase its investment in CoreWeave by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Nvidia or CoreWeave, 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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