The round was led by Coatue, with participation from Magnetar who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, Lykos Global Management, funds managed by Blackstone, Eric Schmidt, and Jane Street Group. New funding will be used to support the rapid growth across all areas of the business, and CoreWeave's expansion into new geographic regions to meet the explosive demand for GPU accelerated cloud infrastructure worldwide.

CoreWeave is the AI hyperscaler designed to power the most complex workloads with customized solutions at scale. The company's portfolio of cutting-edge technology delivers a broad range of capabilities for machine learning and AI, graphics and rendering, life sciences, real-time streaming, and more. Its world-class teams, talent, and engineering prowess bring unmatched speed-to-market for advanced compute. CoreWeave operates a growing footprint of data centers covering every region of the US.