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Image Credit: Siliconangle

AI cloud operator CoreWeave closes $650M secondary sale

  • CoreWeave Inc. has closed a $650 million secondary sale.
  • The sale was led by Jane Street, Magnetar, Fidelity Management, and Macquarie Capital.
  • The deal values CoreWeave at $23 billion, $4 billion more than its previous valuation.
  • CoreWeave plans to expand its network of AI-optimized data centers and aims to have 28 facilities by the end of the year.

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