
PANews|Sep 09, 2025 15:51
[CoreWeave Establishes Venture Capital Division Focused on Early-Stage AI Startups]
According to CoinDesk, CoreWeave (CRWV) has announced the establishment of a venture capital division dedicated to early-stage artificial intelligence startups. The new fund, named CoreWeave Ventures, will focus on investing in startups developing AI tools, infrastructure, or applications. The company did not disclose the amount of capital to be invested but views this move as an extension of its broader mission to support high-performance computing for machine learning and generative AI.
Previously, it was reported that CoreWeave is acquiring Bitcoin mining company Core Scientific (CORZ) in an all-stock transaction valued at $9 billion. The merger was announced in July and is still pending approval from shareholders and regulatory authorities.
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