Cloud Computing Coreweave firm intended to acquire Weights and bias of a developer platform AI when he seeks to strengthen his infrastructure offers in the AI sector in rapid expansion.
The agreement, which should conclude in the first half of 2025, cost Coreweave $ 1.7 billion, according to an information report.
Weights and prejudices, which in 2023 were evaluated at $ 1.25 billion, became a must in the AI development community, with researchers and engineers using its tools to manage complex automatic learning workflows.
By acquiring the company, Coreweave aims to integrate its cloud computing services with the tools of weight and biases, offering a more transparent experience to AI developers.
The acquisition comes only a few days after the cloud computing supplier tabled for a first public offer (IPO) On Tuesday, the company is expected to raise $ 4 billion with an assessment of more than $ 35 billion.
Coreweave has also typed Bitcoin Miner Core Scientific (CORZ) to build 500 megawatts (MW) of infrastructure for AI.