Mon, May 5, 2025
CoreWeave completes acquisition of Weights & Biases
Key points
- All-stock deal, ~$1.7B (21,874,544 CoreWeave Class A shares)
- Extends CoreWeave into MLOps/AI developer tooling alongside its cloud infrastructure
Acquisition
Weights & BiasesCompleted
Weights & Biases is an AI developer/MLOps platform used by OpenAI, Meta, and 1,400+ organizations for experiment tracking and model development.
- All-stock deal, ~21,874,544 CoreWeave Class A shares (~$1.7B)
- Announced March 4, 2025, closed May 5, 2025
- Advisors: Evercore and Morgan Stanley for CoreWeave; Qatalyst Partners for Weights & Biases