NVIDIA-backed data center companies CoreWeave Already obtained the AI developer platform Weight and bias For the undisclosed sum.
According to informationCoreweave spent $1.7 billion on transactions. Weight and Bias are worth $1.25 billion in 2023 and recently filed for an IPO.
Lukas Biewald, Chris Van Pelt and Shawn Lewis founded Weight and Bias in 2017 to create tools for developing AI applications. Today, more than 1,400 organizations, including AstraZeneca and NVIDIA, use the startup’s tools as a record system for their training and fine-tuning AI models.
CoreWeave said the acquisition will enable IT to provide cloud services and infrastructure customers, “a strong application development workflow to accelerate the AI roadmap and market innovation faster.”
Weighted and biased customers will be able to continue deploying workloads where they like, CoreWeave Said in the press release.