The acquisition aims to enhance CoreWeave’s ability to build, deploy, and manage AI applications across their entire lifecycle. By integrating Weights & Biases’ expertise, the partnership will provide AI labs and enterprises with a more robust toolkit to streamline the development, refinement, and deployment of AI solutions.
Customers stand to benefit significantly from this collaboration, gaining access to advanced features such as real-time model performance tracking and improved orchestration capabilities. The combined teams will focus on accelerating innovation and expanding product offerings to reduce time-to-market for AI applications.
Weights & Biases has earned the trust of industry leaders like OpenAI, Meta Platforms Inc (META), and NVIDIA, with its software widely used for training and optimizing AI models. Through this acquisition, users will retain the flexibility to deploy workloads on their preferred infrastructure, ensuring adaptability across diverse industries.
The transaction is expected to finalize in the first half of 2025, after which the Weights & Biases team will officially join CoreWeave. Founded by Michael Intrator, Brian Venturo, and Brannin McBee, CoreWeave has established itself as an “AI Hyperscaler,” providing GPU-powered cloud services.
In 2024, CoreWeave reported a staggering 737% revenue increase, reaching $1.9 billion, despite a net loss of $863 million. The company operates over 250,000 GPUs across 32 data centers, supporting prominent AI labs such as Cohere and Mistral. As of December 31, 2024, CoreWeave holds $15.1 billion in remaining performance obligations.
Additionally, CoreWeave has signaled its plans for an initial public offering (IPO), having filed its Form S-1 with the U.S. Securities and Exchange Commission. This acquisition marks a significant step in the company’s growth trajectory as it continues to solidify its position in the AI and cloud-computing landscape.