CoreWeave Acquires AI Developer Platform Weights & Biases For Reported $1.7 Billion

CoreWeave has acquired AI developer platform Weights & Biases. According to The Information, CoreWeave spent $1.7 billion on the transaction. Weights & Biases was valued at $1.25 Billion in 2023.

CoreWeave, the AI Hyperscaler, today announced it has reached an agreement to acquire Weights & Biases, a leading AI developer platform. The acquisition extends CoreWeave's purpose-built cloud platform by enabling an end-to-end experience for customers, enhancing functionality for the world's leading AI labs and enterprises to build, tune and deploy AI …