Cloud Computing Provider Using Nvidia AI Chips $74 Billion CoreWeave Buys Data Centre Infrastructure Provider Core Scientific for $9 Billion in All-Share Transaction Representing +66% Premium to Unaffected Closing Price (25/6/25: $12.30), Core Scientific Founded in 2017 by Darin Feinstein & Mike Levitt, CoreWeave Founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator
10th July | Hong Kong
Cloud computing provider using Nvidia AI chips CoreWeave ($74 billion market value) has announced to buy data centre infrastructure provider Core Scientific for $9 billion in all-share transaction, representing +66% premium to unaffected closing price (25/6/25: $12.30). Core Scientific was founded in 2017 by Darin Feinstein & Mike Levitt. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. In 2025 June, CoreWeave founder & CEO Michael Intrator personal fortune increased to $10 billion, after CoreWeave share price increased +395.2% since IPO in 2025 April to $75 billion market value. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator, and co-founders Brannin McBee & Brian Venturo are also billionaires. In 2025 April, CoreWeave IPO on Nasdaq with share price increasing +22% after 3 days of trading (IPO 1/4/25) to $28.7 billion valuation, and raising $1.5 billion in the IPO. In 2025 March, CoreWeave was reported to have breached Blackstone $7.6 billion loan terms triggering defaults in 2024, and had requested Blackstone to waive the defaults. In 2025 March, CoreWeave is planning to raise $2.5 billion in United States IPO at around $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selected 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
“ Cloud Computing Provider Using Nvidia AI Chips $74 Billion CoreWeave Buys Data Centre Infrastructure Provider Core Scientific for $9 Billion in All-Share Transaction Representing +66% Premium to Unaffected Closing Price (25/6/25: $12.30), Core Scientific Founded in 2017 by Darin Feinstein & Mike Levitt, CoreWeave Founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator “
CoreWeave – CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024.
Core Scientific – Core Scientific is a leader in digital infrastructure for high-density colocation services and digital asset mining. We operate dedicated, purpose-built facilities for digital asset mining and are a premier provider of digital infrastructure, software solutions and services to our third-party customers. We employ our own large fleet of computers (“miners”) to earn digital assets for our own account and to provide hosting services for large digital asset mining customers and we are in the process of allocating and converting a significant portion of our ten facilities in Alabama (1), Georgia (2), Kentucky (1), North Carolina (1), North Dakota (1), Oklahoma (1) and Texas (3) to support artificial intelligence-related workloads under a series of contracts that entail the modification of certain of our data centers to deliver next generation colocation services. We derive the majority of our revenue from earning digital assets for our own account (“self-mining”).
United States $75 Billion Cloud Computing Provider CoreWeave Billionaire Co-Founder & CEO Michael Intrator Fortune Increased to $10 Billion, CoreWeave Share Price Increased +395.2% Since IPO in 2025 April to $75 Billion Market Value, Founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator, Co-Founders Brannin McBee & Brian Venturo are also Billionaires
27th June – Cloud computing provider using Nvidia AI chips CoreWeave ($75 billion market value) founder & CEO Michael Intrator personal fortune has increased to $10 billion, after CoreWeave share price increased +395.2% since IPO in 2025 April to $75 billion market value. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator, and co-founders Brannin McBee & Brian Venturo are also billionaires. In 2025 April, CoreWeave IPO on Nasdaq with share price increasing +22% after 3 days of trading (IPO 1/4/25) to $28.7 billion valuation, and raising $1.5 billion in the IPO. In 2025 March, CoreWeave was reported to have breached Blackstone $7.6 billion loan terms triggering defaults in 2024, and had requested Blackstone to waive the defaults. In 2025 March, CoreWeave is planning to raise $2.5 billion in United States IPO at around $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selected 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips CoreWeave IPO on Nasdaq with Share Price Increasing +22% after 3 Days of Trading (IPO 1/4/25) to $28.7 Billion Valuation & Raised $1.5 Billion in IPO, Cisco Systems Invested CoreWeave at $23 Billion Valuation in 2024 October, Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
4th April 2025 – Cloud computing provider using Nvidia AI chips CoreWeave has IPO on Nasdaq with share price increasing +22% after 3 days of trading (IPO 1/4/25) to $28.7 billion valuation, and raising $1.5 billion in the IPO. In 2025 March, CoreWeave was reported to have breached Blackstone $7.6 billion loan terms triggering defaults in 2024, and had requested Blackstone to waive the defaults. In 2025 March, CoreWeave is planning to raise $2.5 billion in United States IPO at around $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selected 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips $35 Billion CoreWeave Breached Blackstone $7.6 Billion Loan Terms Triggering Defaults in 2024 & Requested Blackstone to Waive Defaults, Raising $2.5 Billion in United States IPO at $35 Billion Valuation, Cisco Systems Invested CoreWeave at $23 Billion Valuation in 2024 October, Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
27th March 2025 – Cloud computing provider using Nvidia AI chips CoreWeave ($35 billion valuation) has been reported to have breached Blackstone $7.6 billion loan terms triggering defaults in 2024, and had requested Blackstone to waive the defaults. In 2025 March, CoreWeave is planning to raise $2.5 billion in United States IPO at around $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selected 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips CoreWeave to Raise $2.5 Billion in United States IPO at $35 Billion Valuation, Cisco Systems Invested CoreWeave at $23 Billion Valuation in 2024 October, Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
20th March 2025 – Cloud computing provider using Nvidia AI chips CoreWeave is planning to raise $2.5 billion in United States IPO at around $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selected 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips CoreWeave to File for United States IPO to Raise $4 Billion at $35 Billion Valuation, Cisco Systems Invested CoreWeave at $23 Billion Valuation in 2024 October, Other Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
27th February 2025 – Cloud computing provider using Nvidia AI chips CoreWeave is planning to file for United States IPO to raise $4 billion at $35 billion valuation. In 2024 November, CoreWeave was planning for a 2025 IPO and selects 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips CoreWeave Plans 2025 IPO & Selects 3 Investment Banks Morgan Stanley, Goldman Sachs & JP Morgan for IPO, Cisco Systems Invested CoreWeave at $23 Billion Valuation, Other Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
9th November 2024 – Cloud computing provider using Nvidia AI chips CoreWeave is planning for a 2025 IPO and selects 3 investment banks Morgan Stanley, Goldman Sachs & JP Morgan for the IPO. In 2024 October, Cisco Systems ($209 billion market value) was reported to be investing in CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
$209 Billion Cisco Systems to Invest in Cloud Computing Provider Using Nvidia AI Chips CoreWeave at $23 Billion Valuation, Investors Include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity
5th October 2024 – Cisco Systems ($209 billion market value) will be investing in cloud computing provider using Nvidia AI chips CoreWeave at $23 billion valuation. CoreWeave existing investors include Nvidia, Magnetar Capital, Coatue Management, Jane Street & Fidelity. In 2024 March, CoreWeave was in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
Cloud Computing Provider Using Nvidia AI Chips CoreWeave in New Funding Round at $16 Billion Valuation
30th March 2024 – Cloud computing provider using Nvidia AI chips CoreWeave is in talks for a new funding round at $16 billion valuation. CoreWeave was founded in 2017 by Brannin McBee, Brian Venturo & Michael Intrator. CoreWeave is a specialized cloud provider, delivering a massive scale of GPUs on top of the industry’s fastest and most flexible infrastructure.
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