CoreWeave Expands Investor Base with $650 Million Secondary Sale
Investment and technology partnership with Pure Storage
This is a Press Release edited by StorageNewsletter.com on November 18, 2024 at 2:00 pmPure Storage Inc. and CoreWeave, the AI Hyperscaler, announced Pure Storage’s strategic investment in CoreWeave to accelerate AI cloud services innovation. Alongside the investment, the companies unveiled a strategic partnership, enabling customers to leverage the Pure Storage platform within CoreWeave Cloud.
Building on their shared success with some of the world’s most advanced AI companies, this collaboration helps to fuel the next gen of AI innovators, driving breakthroughs with CoreWeave’s cloud services and the Pure Storage platform. By adding Pure Storage as a partner, CoreWeave recognizes Pure Storage’s 15 years of innovation in flash technologies and its proven track record with some of the world’s top AI companies.
“Our strategic collaboration with CoreWeave reflects a shared commitment to delivering AI innovation at scale and marks a major milestone in delivering the flexibility and scalability that AI-driven organizations need to thrive. Integrating the Pure Storage platform into CoreWeave’s specialized cloud service environments enables customers that require massive scale and flexibility in their infrastructure the ability to tailor their infrastructure and maximize performance on their own terms,” said Rob Lee, CTO, Pure Storage.
Empowering AI HPCs with Cutting-Edge Scale, Performance, and Flexibility
The Pure Storage platform is now available as an option within CoreWeave’s dedicated environments, which customers access through the CoreWeave Platform, a no compromise engineering solution purpose-built for some of the world’s most compute intensive workloads. The CoreWeave Platform uses automation to simplify complexity, maximizing infrastructure performance and efficiency, while Pure Storage offers a highly scalable, efficient storage solution, with joint solutions already deployed in production at supercomputing scale across thousands of GPUs. Together, they empower customers to accelerate their time to market.
This strategic partnership will deliver tremendous opportunities to customers, including:
- Availability in CoreWeave AI HPC Environments: Enterprises can now select their preferred storage provider within CoreWeave’s platform, with Pure Storage offering a proven, high-performance solution already deployed by one of the largest AI labs in the world.
- Infrastructure at Supercomputing Scale: CoreWeave powers some of the world’s largest AI clusters, and its suite of cloud services is designed to support the most demanding AI workloads. Through this partnership, AI innovators gain access to one of the industry’s most unified and consistent storage platforms-spanning file, object, and block-delivering consistent high performance with enterprise-grade 99.9999% reliability. This helps to ensure fast deployment, seamless scalability, and the ability to grow effortlessly with evolving demands.
- Optimized Performance and Customization: Organizations can now customize their storage solution with the Pure Storage platform, delivering optimal scalability and performance throughout every stage of the AI lifecycle. This flexibility enables AI innovators to meet precise data requirements while seamlessly adapting and expanding as their needs evolve with the Pure Storage Evergreen architecture.
“At CoreWeave, our mission is to provide the most advanced AI environments with unmatched scalability and performance. Partnering with Pure Storage gives our customers the flexibility to select storage solutions tailored to their specific AI needs. This collaboration strengthens our commitment to providing high speed performance, reliability, and flexibility for our customers that trust our cloud platform to accelerate the development and deployment of AI,” said Brian Venturo chief strategy officer, CoreWeave.
As AI reshapes industries, companies must build scalable, future-ready infrastructure to manage massive data and computational demands while staying agile in an ever-evolving landscape. With the 2 partners, organizations can unlock performance, empowering large-scale AI deployments that maximize computational power-enabling greater innovation.