Welcome to our dedicated page for CoreWeave news (Ticker: CRWV), a resource for investors and traders seeking the latest updates and insights on CoreWeave stock.
CoreWeave, Inc. (Nasdaq: CRWV) is a Software - Infrastructure company that operates The Essential Cloud for AI, and its news flow reflects developments across AI infrastructure, enterprise adoption, capital markets, and strategic partnerships. The company regularly issues press releases about enhancements to the CoreWeave Cloud platform, new operating capabilities, and collaborations with technology and research organizations.
Recent news has highlighted CoreWeave’s plans to add NVIDIA Rubin technology, including NVIDIA Vera Rubin NVL72 racks, to its AI cloud platform to support demanding workloads such as agentic AI, drug discovery, genomic research, climate simulation, and fusion energy modeling. The company has also announced expanded functionality for Mission Control, its unified operating standard for large-scale AI workloads, introducing features like Telemetry Relay, GPU Straggler Detection, and the Mission Control Agent.
CoreWeave’s news coverage also includes major customer and partner agreements. The company has disclosed order forms and master services agreements with organizations such as OpenAI, Meta Platforms, Inc., and NVIDIA Corporation, as well as an agreement to power Runway’s next generation AI video models using CoreWeave’s AI cloud platform, integrated software, and data capabilities.
In addition, CoreWeave issues updates on financing and capital structure, including convertible senior notes offerings, credit facilities, and revolving credit facility expansions, along with participation in investor conferences. The company’s involvement in public sector initiatives, such as joining the U.S. Department of Energy’s Genesis Mission and the launch of CoreWeave Federal, also features in its news.
Investors and observers can use the CRWV news feed to follow platform innovations, large customer contracts, public sector engagements, financing transactions, and performance benchmarks that shape CoreWeave’s role in AI infrastructure.
CoreWeave (NASDAQ: CRWV) has successfully closed its private offering of $2,000 million in senior notes with a 9.250% interest rate, maturing on June 1, 2030. The notes, guaranteed by CoreWeave Cash Management LLC, were offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
The AI Hyperscaler company plans to utilize the proceeds for general corporate purposes, including debt repayment and offering-related expenses. The notes are not registered under the Securities Act and cannot be sold in the U.S. without exemption from registration requirements.
CoreWeave (CRWV) has appointed Carl Holshouser as Vice President of Government Affairs. Holshouser brings 20 years of government relations and policy experience, most recently serving as Executive Vice President at TechNet. His expertise spans technology, financial services, and Capitol Hill, with notable achievements in AI, privacy, trade, cybersecurity, and semiconductors policy.
This strategic appointment follows several other key leadership additions at CoreWeave in 2025, including Jean English as CMO (from Juniper Networks), Jim Higgins as CISO (former CISO at Snap Inc. and Block, Inc.), and Sandy Venugopal as CIO (previously at SentinelOne and Uber).
CoreWeave (NASDAQ: CRWV) has successfully priced a private offering of $2,000 million in senior notes, representing a $500 million increase from the initially announced offering size. The notes, carrying a 9.250% interest rate and maturing on June 1, 2030, will be guaranteed by CoreWeave Cash Management LLC, a wholly-owned subsidiary.
The offering is expected to close on May 27, 2025, with the notes being issued at par. The proceeds will be used for general corporate purposes, including debt repayment and offering-related expenses. The notes are being offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
CoreWeave (CRWV) has announced its intention to offer $1.5 billion in senior notes due 2030 through a private offering. The notes will be guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary. The company plans to use the proceeds for general corporate purposes, including repayment of existing debt and offering-related expenses.
The offering is exclusively available to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and cannot be sold in the United States without meeting exemption requirements.
CoreWeave (NASDAQ: CRWV), the AI Hyperscaler™, has significantly expanded its credit facility from $650 million to $1.5 billion through an agreement with major financial institutions including JPMorgan Chase, Goldman Sachs, Morgan Stanley, and MUFG. This represents an $850 million increase from their previous facility secured in October 2024.
The company plans to use the proceeds to enhance financial flexibility and support the global expansion of its AI cloud infrastructure platform. CoreWeave's technological leadership is evidenced by its recent collaboration with NVIDIA, being among the first to offer GB200 Grace Blackwell Superchips at scale, and achieving the highest Platinum ranking from SemiAnalysis.
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), the AI Hyperscaler™, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 14, 2025, after market close. The company will hold an earnings conference call at 2:00 pm Pacific Time / 5:00 pm Eastern Time on the same day.
Investors can access the live webcast of the earnings call through CoreWeave's Investor Relations website at investors.coreweave.com, where a replay will also be available following the event.
CoreWeave, the AI Hyperscaler™, has announced the pricing of its Initial Public Offering (IPO) at $40.00 per share. The offering comprises 37,500,000 shares of Class A common stock, with 36,590,000 shares offered by CoreWeave and 910,000 shares by existing stockholders.
Trading is set to commence on March 28, 2025, on the Nasdaq Global Select Market under the ticker symbol 'CRWV'. The offering is expected to close on March 31, 2025. CoreWeave has granted underwriters a 30-day option to purchase up to an additional 5,625,000 shares.
The IPO is led by joint bookrunners Morgan Stanley, J.P. Morgan, and Goldman Sachs, with several other prominent financial institutions serving as joint bookrunners and co-managers.