Nvidia-backed knowledge heart firm CoreWeave has acquired AI developer platform Weights & Biases for an undisclosed sum.
In keeping with The Data, CoreWeave spent $1.7 billion on the transaction. Weights & Biases was valued at $1.25 billion in 2023, and it lately filed for an IPO.
Lukas Biewald, Chris Van Pelt, and Shawn Lewis based Weights & Biases in 2017 to create instruments for growing AI functions. At present, over 1,400 organizations, together with AstraZeneca and Nvidia, use the startup’s instruments as their system of document for coaching and fine-tuning AI fashions.
CoreWeave says the acquisition will let it present cloud providers and infrastructure prospects with “a strong software growth workflow to speed up AI roadmaps and convey improvements to market sooner.”
Weights & Biases’ prospects will be capable of proceed deploying workloads the place they like, CoreWeave stated in a press launch.
