Imagine a giant computer that helps scientists build super-smart AI! A company called CoreWeave is buying another company, Weights & Biases, to make this computer even better. This is big news because it shows how important AI is becoming.
CoreWeave helps companies store and use their data. Weights & Biases helps scientists build Artificial Intelligence (AI) – think super-smart robots and self-driving cars!
CoreWeave is also planning to go public (IPO), which means people can buy shares of the company.
- CoreWeave is buying Weights & Biases for $1.7 billion.
- Weights & Biases helps scientists make AI.
- CoreWeave will combine its computer power with Weights & Biases' AI tools.
- CoreWeave wants to raise $4 billion when it goes public.
| Fact | Number |
|---|---|
| Cost of Weights & Biases | $1.7 billion |
| Weights & Biases 2023 Value | $1.25 billion |
| CoreWeave IPO goal | $4 billion |
| CoreWeave's planned AI infrastructure | 500 megawatts |
