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CoreWeave Shares Gain 4.5% After Launch of VC Arm Targeting AI Startups
Yahoo Finance· 2025-09-09 15:47
Shares of CoreWeave (CRWV) rose as much as 9% on Monday morning after the company announced it’s launching a venture capital arm focused on early-stage artificial intelligence startups. The stock was higher by 4.5% as midday U.S. hours approached.. The new fund, called CoreWeave Ventures, will focus on investing in startups building tools, infrastructure or applications for AI. The company didn’t disclose how much capital would be committed but framed the effort as an extension of its broader mission to ...