Jane Street, Magnetar, Fidelity Management & Research Company led a $650m round in CoreWeave.

Private equity companies Jane Street, Magnetar, Fidelity Management & Research Company led a $650m round in CoreWeave, a specialized GPU cloud provider, with participation from Macquarie Capital, Cisco Investments, Pure Storage, BlackRock, Coatue and Neuberger Berman. "The support from some of the leading financial institutions and technology innovators demonstrates the strength of and confidence in our AI Cloud platform from the market. The recognition from both institutional and strategic investors underscores our position as a leading AI hyperscaler to build, train and serve some of the most significant AI workloads running today," Mike Intrator, CoreWeave CEO and Co-Founder.