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CoreWeave launches venture capital arm focused on early-stage AI startups

CoreWeave launches venture capital arm focused on early-stage AI startups

Cointime2025/09/09 16:09
By: Cointime
BTC-0.42%CORE-3.40%

CoreWeave (CRWV) announced the establishment of a venture capital department focused on early-stage artificial intelligence startups. This new fund, named CoreWeave Ventures, will focus on investing in startups developing artificial intelligence tools, infrastructure, or applications. The company did not disclose how much funding will be invested, but sees this as an extension of its broader mission to support high-performance computing for machine learning and generative artificial intelligence.

In previous news, CoreWeave is in the process of acquiring the bitcoin mining company Core Scientific (CORZ) in a $9 billion all-stock deal. The merger, announced in July, is still pending approval from shareholders and regulatory authorities.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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