Magnetar Capital completed the $100m investment in CoreWeave.

Magnetar Capital, a multi-strategy alternative investment manager, completed the $100m investment in CoreWeave, a specialized cloud provider. “CoreWeave is a strong partner with demonstrated best-in-class infrastructure to facilitate complex, high-end computing and navigate the intricate AI ecosystem. As AI becomes increasingly intertwined with our daily lives, we believe CoreWeave is uniquely positioned to capitalize on the AI trend by allowing companies to develop meaningful AI products via access to its robust computing framework, including the new NVIDIA GPUs. Magnetar is proud to support CoreWeave as it continues to gain market share from legacy cloud providers and compete at a larger scale," Ernie Rogers, Magnetar COO and CFO.