CoreWeave to Acquire AI Platform Weights & Biases for $1.7 Billion

CoreWeave plans to acquire AI developer platform Weights & Biases for $1.7 billion, expected to close in the first half of 2025. Key points include:

Weights & Biases was valued at $1.25 billion in 2023.
The acquisition aims to integrate cloud computing services with AI development tools.
This announcement follows CoreWeave's IPO filing to raise $4 billion, with a valuation surpassing $35 billion.
CoreWeave is collaborating with bitcoin miner Core Scientific to build 500 megawatts of AI-related infrastructure.