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Briefing
cloud venture capital

Cloud Startup CoreWeave Raises $221 Million

By
Anissa Gardizy
· · Source: The Information

CoreWeave, a startup that rents graphics processing units, the specialized computers needed to run AI software, rasied $221 million in a funding round led by Magnetar Capital, with participation from Nvidia and former executives from GitHub and Apple. The deal underscores a growing problem in the tech industry amid the exploson of generative AI and large language models. Developers need access...

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