Announced

CoreWeave to acquire Monolith.

Synopsis

CoreWeave, an American AI cloud-computing company, agreed to acquire Monolith, a pioneer in applying artificial intelligence and machine learning to solve complex physics and engineering challenges. Financial terms were not disclosed. Combining Monolith’s simulation and test-driven machine learning capabilities with CoreWeave’s purpose-built AI cloud enables the combined companies to offer a full-stack platform for industrial and manufacturing enterprises. The aim is to enable users to shorten R&D cycles, accelerate product development and design, and unlock new levels of competitive advantage through AI-driven innovation.

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