CoreWeave to Acquire Weights & Biases

Cloud computing firm CoreWeave plans to acquire AI developer platform Weights & Biases to enhance its infrastructure offerings in the rapidly growing AI sector.

Deal Overview

The acquisition is expected to close in the first half of 2025 and will cost CoreWeave $1.7 billion, as reported by The Information.

About Weights & Biases

Weights & Biases was valued at $1.25 billion in 2023 and is widely used in the AI development community for managing complex machine learning workflows.

Integration Goals

CoreWeave aims to combine its cloud computing services with Weights & Biases’ tools to provide a more seamless experience for AI developers.

Recent Developments

This acquisition announcement follows CoreWeave’s recent filing for an initial public offering (IPO), expected to raise $4 billion with a valuation exceeding $35 billion.

In addition, CoreWeave is collaborating with bitcoin miner Core Scientific to develop 500 megawatts (MW) of infrastructure for AI-related applications.