Nvidia Backed CoreWeave Acquires AI Developer Platform Weights & Biases

On Tuesday, CoreWeave, a cloud-computing firm backed by NVIDIA Corp NVDA has announced its acquisition of Weights & Biases, a prominent figure in the MLOps and LLMOps sectors.

The acquisition strengthens CoreWeave’s role as an all-encompassing platform for AI development, covering everything from computing power to model management.

The move is designed to expand the company’s capabilities in building, deploying, and overseeing AI applications throughout their lifecycle.

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CoreWeave's partnership with Weights & Biases will deliver a stronger solution for AI labs and businesses, assisting them in building, refining, and deploying applications more efficiently.

The acquisition promises notable advantages for customers, including real-time model performance tracking and enhanced orchestration. As part of this collaboration, the unified team will keep driving innovation and expanding product features to speed up time to market.

Weights & Biases has been preferred by companies like OpenAI, Meta Platforms Inc META, and NVIDIA. Their software is used for training and optimizing AI models and applications, the company said.

Through this collaboration with CoreWeave, users will retain the ability to deploy their workloads on the infrastructure they prefer, providing greater flexibility for developers in various industries.

The transaction is expected to close in the first half of 2025, and once completed, the Weights & Biases team will join CoreWeave.

CoreWeave, founded by Michael Intrator, Brian Venturo, and Brannin McBee, has emerged as an “AI Hyperscaler” offering GPU-based cloud services.

In 2024, its revenue surged 737% to $1.9 billion, though it posted a net loss of $863 million. The platform operates over 250,000 GPUs across 32 data centers, supporting AI labs like Cohere and Mistral, with $15.1 billion in remaining performance obligations as of December 31, 2024.

Also, the company has expressed its intent for an initial public offering and has filed its Form S-1 with the U.S. Securities and Exchange Commission.

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