Cisco is close to raising capital for cloud computing AI startup CoreWeave, reports that the valuation value is 23 billion dollars
Cisco Systems (NASDAQ: CSCO), Bloomberg News reported that they agreed to invest in the company as part of a transaction evaluating the start-up company CoreWeave at 23 billion dollars, and Bloomberg News reported as a story of a person familiar with the situation.
The same media reported last month that cloud computing provider CoreWeave is discussing secondary transactions where existing shareholders such as employees can sell shares worth 0.4 billion to 0.5 billion dollars. The same report says the deal is nearing completionadded。
CoreWeave is Nvidia (NVDA), it has Magnetar Capital, Coatue Management, Jane Street, Fidelity, etc. as investment companies, and it is an enterprise that adopted Nvidia graphics chips for data centers at an early stage. According to reports, the company is building a data center based on Nvidia chips to provide AI-related computing.
The same media reported last month that cloud computing provider CoreWeave is discussing secondary transactions where existing shareholders such as employees can sell shares worth 0.4 billion to 0.5 billion dollars. The same report says the deal is nearing completionadded。
CoreWeave is Nvidia (NVDA), it has Magnetar Capital, Coatue Management, Jane Street, Fidelity, etc. as investment companies, and it is an enterprise that adopted Nvidia graphics chips for data centers at an early stage. According to reports, the company is building a data center based on Nvidia chips to provide AI-related computing.
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