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New Jersey-based CoreWeave, which rents out chips to help create AI systems, raised $1.1B led by Coatue at a $19B valuation, five months after raising $642M (Asa Fitch/Wall Street Journal)
May 1, 2024, 2:51 p.m. |
Techmeme www.techmeme.com
Asa Fitch / Wall Street Journal:
New Jersey-based CoreWeave, which rents out chips to help create AI systems, raised $1.1B led by Coatue at a $19B valuation, five months after raising $642M — Company raises $1.1 billion from investors including Fidelity, Magnetar Capital — CoreWeave, a cloud-computing company backed by Nvidia …
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