CoreWeave acquires Weights & Biases for $1.7B, enhancing AI infrastructure for streamlined model development and deployment.
CoreWeave, a leading cloud services provider backed by NVIDIA, has announced its acquisition of Weights & Biases, a top AI developer platform, in a strategic deal valued at $1.7 billion. This acquisition marks an important milestone for CoreWeave as it prepares for its initial public offering (IPO) next week.
Acquisition Strategy
The acquisition combines CoreWeave’s specialized infrastructure and managed cloud services with Weights & Biases’ robust AI developer platform. This integration aims to create an end-to-end experience enabling enterprises and AI labs to build, tune, deploy, and monitor artificial intelligence a