Mar. 5 at 12:50 PM
$STCGF Stack Capital invests
$10M into CoreWeave
Stack Capital Group has invested
$10M into CoreWeave. The company said, "CoreWeave offers scalable resources for high-compute workloads that demand intensive processing, making it easy and cost-effective for its customers to handle complex computing tasks without having to invest heavily in their own hardware. Its servers, storage, and networking solutions deliver best-in-class performance that is up to 35 times faster and 80% less expensive than those offered by generalized public cloud peers.
From advanced data processing used in AI, machine learning, scientific research, finance, visual effects rendering, and pixel streaming, CoreWeave's platform is designed to support a broad range of applications. By continually investing in cutting-edge GPU compute capabilities and infrastructure, the Company has managed to stay ahead of its peers, market trends and customer needs which, in turn, has served to enhance its credibility and overall reach."