Stack Capital Group Invests $10 Million Into CoreWeave

Stack Capital Group Inc., an investment holding company, announces that it has invested $10 million USD into CoreWeave, Inc., a cloud-based AI infrastructure company that provides GPU-accelerated data centers delivering compute capabilities with significant cost savings to its customers, many of whom are AI enterprises.

CoreWeave offers scalable resources for high-compute workloads to handle complex computing tasks without having to invest heavily in their own hardware. Its servers, storage, and networking solutions deliver performance that is up to 35 times faster and 80% less expensive than those offered by generalized public cloud peers.

From advanced data processing used in AI, ML, scientific research, finance, visual effects rendering, and pixel streaming, CoreWeave’s platform is designed to support a broad range of applications. By continually investing in GPU compute capabilities and infrastructure, the company has managed to stay ahead of its peers, market trends and customer needs which, in turn, has served to enhance its credibility and overall reach.

“Given its growing data center presence across the US, Europe, and Canada, CoreWeave is extremely well-positioned to continue capitalizing on accelerating global demand for AI infrastructure and compute capabilities,” said Jeff Parks, CEO, Stack Capital. “With leading AI enterprises such as Microsoft, Nvidia, Meta, and Cohere already in the fold, and a recently announced IPO filing, it’s an exciting time to be an investor in CoreWeave, as well as Stack Capital.“