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October 15-16, 2025 The Wynn Las Vegas, NV More information

CoreWave raises over $400m in two rounds; GPU infrastructure delivery sparking new provider formation

  • July 21, 2023
  • Analyst: Philbert Shih

CoreWeave, a cloud provider focused on GPU-based infrastructure services, raised an additional $200m just after a Series B round of $221m. Both rounds were led by Magnetar Capital and closed in recent months. The company is reported to have a valuation of $2b.

 

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