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Since 2017, CoreWeave has become the engine that powers the creation and delivery of the intelligence that drives innovation. It’s where groundbreaking models and next generation AI applications are made – the innovations that change the way we work and live.
Today, CoreWeave is raising the bar, once again. I am thrilled to announce we have entered into an agreement to acquire Weights & Biases, one of the most important players in the MLOps and LLMOps ecosystem. This acquisition will be a gamechanger for our customers and the AI market at large, solidifying our position as the AI Hyperscaler™, from compute to model management to AI application evaluation and monitoring– creating an end-to-end platform helping to enable the world's leading AI labs and enterprises to build, tune, and deploy AI applications, and bring new innovations to market faster.
Weights & Biases is largely considered to be the developer platform of choice for building AI models and applications– trusted by the academic research community, disruptive innovators across industries, and household names such as OpenAI, Meta, NVIDIA, Snowflake, AstraZeneca, Toyota, Canva, Square, and Wayve. It acts as the system of record for training and fine-tuning AI models and developing AI applications with confidence.
Whether you’ve been part of the CoreWeave community for years or you’re an existing Weights & Biases customer, this collaboration means more. More resources, more support, more possibilities – without losing any of the features, functionality, or trusted relationships you rely on. Weights & Biases’ customers will also be able to continue deploying workloads wherever they like, be it on-premise or with the infrastructure provider of their choice.
While things remain business as usual for now until the transaction closes, you can look forward to future enhancements. Combining our complementary strengths will empower us to innovate faster, expand features, and ensure you get the most out of our products and services.Together, our combined capabilities will help you get real-time model performance monitoring and robust orchestration, providing you with a powerful AI application development workflow which can accelerate time to production and get your AI innovations to market even faster.
When we first met the team at Weights & Biases, we were inspired by their mission to “build the best tools for AI developers,” and impressed by their relentless innovative spirit, customer obsession and engineering excellence – traits that CoreWeave prioritizes and strives for. We have a shared vision and intense focus on helping customers get to market faster with cutting-edge technology and services. CoreWeave is fearless in facing and overcoming the most complex engineering challenges, and together with Weights & Biases, we will be on a joint mission to push the boundaries of what’s possible with AI for our customers.
Today is a monumental step forward in our journey to provide the world's best end-to-end cloud platform for building and deploying AI applications. We are more focused than ever on delivering the innovation across the stack that’s required to accelerate our customers’ product roadmaps. We expect to close the acquisition in the first half of 2025, at which time we will welcome the Weights & Biases team, which is made up of some of the most impressive engineers and builders out there who are steadfast in their mission to build the best tools for AI developers.
We can’t wait to see what we achieve together with Weights & Biases.
Safe Harbor Statement
This communication contains forward-looking statements that involve risks and uncertainties, including statements regarding the acquisition of Weights & Biases by CoreWeave and its impact on the CoreWeave Cloud Platform, the expected closing date for the acquisition, regulatory approvals, the plans, benefits and synergies resulting from the acquisition, and other future events. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to: CoreWeave’s ability to integrate Weights & Biases’ operations into its business; CoreWeave’s ability to develop and release platform, solutions and service enhancements and new solutions and services to respond to rapid technological change in a timely and cost-effective manner; intense and increasing competition in CoreWeave’s market; obtaining regulatory approvals for the transaction; and other general market, political, economic, and business conditions. All forward-looking statements contained herein are based on information available as of the date hereof and neither CoreWeave nor Weights & Biases assumes any obligation to update these statements as a result of new information or future events.
