Magnetar Capital led a $200m Series B extension round in CoreWeave.

Magnetar Capital, an alternative asset manager, led a $200m Series B extension round in CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads. “In my 25-year career, I’ve never been a part of a company that’s growing like this. It’s an incredible moment in time. From a demand standpoint, revenue and client scale, the rise has been exponential, and Magnetar has been an amazing partner from the beginning," Michael Intrator, CoreWeave CEO and Co-Founder.