CoreWeave Completes Acquisition of Weights & Biases
CoreWeave (NASDAQ: CRWV) has completed its acquisition of Weights & Biases, creating a leading AI Cloud Platform designed to accelerate AI development and deployment. The strategic combination enhances CoreWeave's capabilities to support AI innovation with increased scale and performance, building on their recent IPO momentum.
The merged entity will maintain Weights & Biases' commitment to platform interoperability, allowing customers flexibility in choosing deployment options, infrastructure providers, and AI models. The acquisition aims to accelerate investment in the Weights & Biases platform while combining hardware and software layers of the AI tech stack to unlock new features.
Financial advisors for the deal included Evercore and Morgan Stanley for CoreWeave, and Qatalyst Partners for Weights & Biases.
CoreWeave (NASDAQ: CRWV) ha completato l'acquisizione di Weights & Biases, dando vita a una piattaforma cloud AI leader progettata per accelerare lo sviluppo e il deployment dell'AI. Questa combinazione strategica potenzia le capacità di CoreWeave nel supportare l'innovazione AI con maggiore scala e performance, sfruttando lo slancio del recente IPO.
La nuova entità manterrà l'impegno di Weights & Biases verso l'interoperabilità della piattaforma, offrendo ai clienti la flessibilità di scegliere opzioni di deployment, fornitori di infrastruttura e modelli AI. L'acquisizione mira a velocizzare gli investimenti nella piattaforma Weights & Biases, integrando gli strati hardware e software dello stack tecnologico AI per sbloccare nuove funzionalità.
Gli advisor finanziari per l'operazione sono stati Evercore e Morgan Stanley per CoreWeave, e Qatalyst Partners per Weights & Biases.
CoreWeave (NASDAQ: CRWV) ha completado la adquisición de Weights & Biases, creando una plataforma líder de nube AI diseñada para acelerar el desarrollo y despliegue de inteligencia artificial. Esta combinación estratégica mejora las capacidades de CoreWeave para apoyar la innovación en AI con mayor escala y rendimiento, aprovechando el impulso de su reciente salida a bolsa.
La entidad fusionada mantendrá el compromiso de Weights & Biases con la interoperabilidad de la plataforma, permitiendo a los clientes flexibilidad para elegir opciones de despliegue, proveedores de infraestructura y modelos de AI. La adquisición busca acelerar la inversión en la plataforma Weights & Biases, combinando las capas de hardware y software de la pila tecnológica AI para desbloquear nuevas funcionalidades.
Los asesores financieros de la operación fueron Evercore y Morgan Stanley para CoreWeave, y Qatalyst Partners para Weights & Biases.
CoreWeave (NASDAQ: CRWV)가 Weights & Biases 인수를 완료하여 AI 개발 및 배포를 가속화하기 위한 선도적인 AI 클라우드 플랫폼을 구축했습니다. 이번 전략적 결합은 최근 IPO 모멘텀을 바탕으로 CoreWeave의 AI 혁신 지원 역량을 확장하고 성능을 향상시킵니다.
통합된 법인은 Weights & Biases가 플랫폼 상호운용성에 대한 약속을 유지하여 고객이 배포 옵션, 인프라 제공업체 및 AI 모델을 자유롭게 선택할 수 있도록 합니다. 이번 인수는 Weights & Biases 플랫폼에 대한 투자를 가속화하고 AI 기술 스택의 하드웨어 및 소프트웨어 계층을 결합해 새로운 기능을 열어주는 것을 목표로 합니다.
이번 거래의 재무 자문은 CoreWeave 측에서 Evercore와 Morgan Stanley가, Weights & Biases 측에서는 Qatalyst Partners가 맡았습니다.
CoreWeave (NASDAQ : CRWV) a finalisé l'acquisition de Weights & Biases, créant ainsi une plateforme cloud IA de premier plan conçue pour accélérer le développement et le déploiement de l'IA. Cette combinaison stratégique renforce les capacités de CoreWeave pour soutenir l'innovation en IA avec une plus grande échelle et performance, s'appuyant sur l'élan de son récent IPO.
L'entité fusionnée maintiendra l'engagement de Weights & Biases envers l'interopérabilité de la plateforme, offrant aux clients la flexibilité de choisir les options de déploiement, les fournisseurs d'infrastructure et les modèles d'IA. L'acquisition vise à accélérer les investissements dans la plateforme Weights & Biases tout en combinant les couches matérielles et logicielles de la pile technologique IA pour débloquer de nouvelles fonctionnalités.
Les conseillers financiers de l'opération comprenaient Evercore et Morgan Stanley pour CoreWeave, et Qatalyst Partners pour Weights & Biases.
CoreWeave (NASDAQ: CRWV) hat die Übernahme von Weights & Biases abgeschlossen und damit eine führende AI-Cloud-Plattform geschaffen, die die Entwicklung und den Einsatz von KI beschleunigen soll. Die strategische Kombination verbessert CoreWeaves Fähigkeiten, Innovationen im Bereich KI mit größerer Skalierung und Leistung zu unterstützen und baut auf dem Schwung des kürzlichen Börsengangs auf.
Das fusionierte Unternehmen wird das Engagement von Weights & Biases für Plattform-Interoperabilität beibehalten, wodurch Kunden Flexibilität bei der Wahl von Bereitstellungsoptionen, Infrastruktur-Anbietern und KI-Modellen erhalten. Die Übernahme zielt darauf ab, Investitionen in die Weights & Biases-Plattform zu beschleunigen und dabei die Hardware- und Softwareebenen des KI-Technologiestapels zu kombinieren, um neue Funktionen freizuschalten.
Die Finanzberater bei der Transaktion waren Evercore und Morgan Stanley für CoreWeave sowie Qatalyst Partners für Weights & Biases.
- Strategic acquisition strengthens CoreWeave's AI capabilities and market position
- Combines hardware and software layers of AI tech stack for enhanced features
- Maintains platform interoperability for customer flexibility
- Creates new growth vectors following CoreWeave's recent IPO
- Accelerates investment in Weights & Biases platform development
- Integration challenges may arise from combining two different companies
- Financial terms of the acquisition not disclosed
Insights
CoreWeave's acquisition of Weights & Biases creates an integrated AI platform combining cloud infrastructure with developer tools, strengthening their market position.
CoreWeave's strategic acquisition of Weights & Biases represents a significant vertical integration that combines specialized AI infrastructure with leading development tools. This move creates a comprehensive AI platform addressing both the compute-intensive resources and the developer tools essential for building and optimizing AI models. The combination addresses two critical components of the AI development lifecycle that previously existed separately.
The timing is particularly strategic following CoreWeave's recent IPO, signaling an aggressive expansion beyond pure infrastructure into higher-value platform services. By acquiring Weights & Biases' experiment tracking and model monitoring capabilities, CoreWeave positions itself to capture more value in the AI development workflow while creating potential synergies between hardware and software layers.
Most importantly, CoreWeave's commitment to maintaining Weights & Biases' interoperability across "
This acquisition combines CoreWeave's GPU infrastructure with W&B's developer tools, creating an integrated platform for the AI inference era.
This acquisition comes at a pivotal moment in AI's evolution toward what CoreWeave calls the "inference era" - where deploying and optimizing AI models at scale becomes as critical as initially training them. Weights & Biases has established itself as the leading platform for experiment tracking, visualization, and model monitoring that AI researchers and engineers rely on to build better models efficiently.
The strategic value of this combination lies in addressing multiple pain points in the AI development lifecycle. W&B excels in the development, experimentation, and optimization phases, while CoreWeave provides the specialized GPU infrastructure needed for both training and inference workloads. Together, they can potentially deliver a more streamlined path from experimentation to production deployment.
Notably, both companies emphasize shared values including "relentless innovative spirit", "customer obsession", and "engineering excellence" - cultural alignment that often determines integration success in technology acquisitions. The companies' complementary expertise positions them to "push the boundaries of what's possible with AI" by combining hardware optimization expertise with software development tools.
CoreWeave's explicit commitment to maintaining W&B's platform interoperability reflects an understanding of the heterogeneous nature of AI infrastructure. Most organizations use multiple cloud providers and frameworks, making this flexibility essential for preserving and expanding W&B's customer base while creating opportunities to showcase performance advantages on CoreWeave's infrastructure.
Acquisition delivers the leading AI Cloud Platform—purpose-built to iterate AI faster
"Today's announcement accelerates our ability to power AI innovation with the scale, performance, and expertise that meets the demands of accelerated computing. It also builds on our recent IPO, creating new vectors for growth and broadened capabilities as a combined company," said Michael Intrator, co-founder and CEO of CoreWeave. "I am incredibly impressed by what the Weights & Biases team has achieved as the AI developer platform. Their relentless innovative spirit, customer obsession, and engineering excellence are traits that CoreWeave has always prioritized and will continue to do so as we enable AI builders in the inference era. Now with Weights & Biases, I have no doubt that we will push the boundaries of what's possible with AI for our customers."
Together, CoreWeave and Weights & Biases plan to deliver the leading AI Cloud Platform—purpose-built to develop, deploy, and iterate AI faster. CoreWeave continues to be committed to the interoperability of the Weights & Biases platform so its customers have the flexibility to choose any deployment option, any infrastructure provider, and any foundation model, framework, or protocol.
"We expect that this combination will allow us to better serve our developers by accelerating investment in the Weights & Biases platform, maintaining our commitment to interoperability, and unlocking new valuable features by combining the hardware and software layers of the new AI tech stack," said Lukas Biewald, co-founder of Weights & Biases. "Together with CoreWeave, we believe we can empower customers to realize the potential of AI. I'm looking forward to combining our talented teams and complementary strengths—and for all that we will accomplish now that we've joined forces."
Evercore and Morgan Stanley acted as financial advisors to CoreWeave, and Davis Polk & Wardwell LLP served as CoreWeave's legal advisor. Qatalyst Partners acted as financial advisor to Weights & Biases, and Orrick, Herrington & Sutcliffe LLP served as Weights & Biases' legal advisor.
About 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
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the acquisition of Weights & Biases by CoreWeave and its impact on the CoreWeave Cloud Platform, the plans, benefits, and synergies resulting from the acquisition and other future events, which statements are based on current expectations, forecasts, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such statements. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to: CoreWeave's ability to integrate Weights & Biases' operations into its business; CoreWeave's ability to fully realize the anticipated benefits from the acquisition in a timely manner; CoreWeave's ability to develop and release platform, product and service enhancements and new products and services to respond to rapid technological change in a timely and cost-effective manner; intense and increasing competition in CoreWeave's market; and other general market, political, economic and business conditions. These factors, as well as others, are discussed in CoreWeave's filings with the Securities and Exchange Commission (SEC), including the section titled "Risk Factors" in CoreWeave's Prospectus dated March 27, 2025, filed on March 31, 2025 pursuant to Rule 424(b) under the Securities Act of 1933, as amended, relating to the Registration Statement on Form S-1, as amended (File No. 333-285512). All forward-looking statements contained herein are based on information available as of the date hereof and neither CoreWeave nor Weights & Biases assumes any obligation to update these statements as a result of new information or future events.
Media Contact
press@coreweave.com
Investor Relations Contact
Deborah Crawford
investor-relations@coreweave.com
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SOURCE CoreWeave
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