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CoreWeave Is in Talks for Funding at $16 Billion Valuation

(Bloomberg) -- CoreWeave, a cloud computing provider that’s among the hottest startups in the artificial intelligence race, is in talks to raise equity capital in a transaction that would more than double its valuation to $16 billion, according to people with knowledge of the matter. Most Read from BloombergRussia Mourns 133 Killed in Deadliest Moscow Attack in DecadesPutin Rejected Terror Alert Before Deadliest Attack in DecadesCatherine, Princess of Wales, Says She’s Being Treated for CancerNY

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CoreWeave Is in Talks for Funding at $16 Billion Valuation

CoreWeave Is in Talks for Funding at $16 Billion Valuation
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Nvidia-backed CoreWeave's new CFO is a Google, Amazon, and Microsoft alum

“All of those roles have helped me learn the intricacies of operating a cloud business at scale," said Nitin Agrawal, CoreWeave's new finance chief.

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Musk's AI startup secures $500M | Bloomberg News

Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. The company is discussing a valuation of $15 billion to $20 billion, though terms could still change in the coming weeks, the people…

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Musk's AI Company Secures $500 Million Toward $1 Billion Funding Goal

Musk's AI Company Secures $500 Million Toward $1 Billion Funding Goal
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Musk's AI Startup Secures $500 Million Toward $1 Billion Funding Goal

(Bloomberg) -- Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionS&P 500 Hits All-Time High in Historic Bull Run: Markets WrapChina’s $6.3 Trillion Stock Selloff Is Getting Uglier by the DayFord Cuts Workforce Making Electric F-150s on Weak DemandYouTube and Spotify Won’t Launch Appl

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Musk's denies his AI startup secures $500 million toward $1 billion funding goal

Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, Bloomberg reported Saturday.

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Vast Data Closes $118 Million Funding Round

Vast Data Closes $118 Million Funding Round
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