Cisco Nears Investment in CoreWeave
Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave
Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.
Cisco closing in on funding CoreWeave, valuing cloud-computing AI startup at $23B - report
Cisco Systems (NASDAQ:CSCO) has agreed to invest in CoreWeave as part of a transaction which values the startup at $23B, Bloomberg News reported, citing people familiar with the matter. Cloud computing provider CoreWeave has been in talks for a secondary transaction which enables existing stockholders such as employees to tender $400M to $500M of
Cisco Nears Investment in CoreWeave at $23 Billion Valuation
Cisco Systems Inc. agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence, as part of a transaction that values the company at $23 billion,
Cisco to invest in CoreWeave at $23bn valuation - report
As reported by Bloomberg, Cisco is set to invest in CoreWeave valuing the company at $23 billion. Details of how much Cisco could invest have not been shared. DCD has reached out to the companies for further information. In May of 2024, CoreWeave was valued at $19.1 billion, and just $7 billion last December.
Cisco To Invest In AI Startup CoreWeave, Valuing Company At $23 Bln : Report
Cisco Systems Inc. (CSCO) has agreed to invest in CoreWeave, a leading cloud-computing provider and one of the most promising
Cisco set to invest in CoreWeave at $23 billion valuation, Bloomberg News reports
Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Nvidia-backed CoreWeave has partnerships with AI startups and competing cloud providers to build clusters designed to power AI workloads.
Cisco to Invest in AI Startup CoreWeave at $23B Valuation
Tech firm Cisco Systems ($CSCO) has agreed to invest in AI (artificial intelligence) startup CoreWeave in a funding round that assigns it a hefty
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