CoreWeave

AI mania tanks CoreWeave’s Core Scientific acquisition; it buys Python notebook Marimo

Enterprise /

Core Scientific shareholders on Thursday voted down an all-stock acquisition offer from partner and competitor CoreWeave that was valued at the time at $9 billion.   They did so following a vote-no recommendation from their largest shareholder, Sina Toussi of Two Seas Capital, a firm that focuses on post-bankruptcy companies. Core Scientific emerged from its bankruptcy […]

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CoreWeave acquires agent-training startup OpenPipe

AI /

CoreWeave, which provides cloud servers to large companies training AI models, has struck an agreement to acquire OpenPipe, a 2-year-old Y Combinator-backed startup that helps enterprises develop customized AI agents with reinforcement learning, the companies announced on Wednesday. “Reinforcement learning is emerging as a pivotal force to strengthen model performance on agentic and reasoning tasks,”

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CoreWeave acquires data center provider Core Scientific in $9B stock deal

AI /

CoreWeave announced Monday that it signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider. As a result of the deal, CoreWeave says it will gain access to more than a gigawatt of data center capacity — enough energy to power more than 850,000 homes — that it can rent

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In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire

Hardware /

CoreWeave co-founder and CEO Michael Intrator’s net worth has skyrocketed to about $10 billion in the three months since the AI firm went public, Bloomberg reports. His company’s debut was both the biggest tech IPO so far of 2025 –  raising $1.5 billion –  and also somewhat of a clunker: its founders had reportedly hoped

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CoreWeave reportedly looks to raise $1.5B in debt as IPO disappoints

AI /

Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO. According to the Financial Times, CoreWeave is holding a roadshow this week with bankers at JPMorgan for debt options. The company’s executives intend to use the meetings to gauge investor interest. New Jersey-based CoreWeave listed its shares in March,

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CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO

AI /

CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a

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OpenAI is aiming for AGI but landing on Studio Ghibli

Startups /

OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines— its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art often

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