CoreWeave News: CoreWeave Closes $650 Million Share Sale

CoreWeave Unicorn News - November 14, 2024

CoreWeave has successfully completed a $650 million secondary share sale, attracting new investors like Cisco and Pure Storage. This move boosts CoreWeave's valuation to $23 billion, enhancing its strategic position in the AI cloud services sector.

Sources
https://biztoc.com/x/88148b85016222b7
https://www.cnbc.com/2024/11/13/cisco-and-pure-storage-bet-on-coreweave-in-650-million-secondary-sale.html

Outline
(00:00:00) Introduction
(00:00:28) CoreWeave Secures $650 Million in Secondary Share Sale with Cisco as Investor

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