CoreWeave to acquire AI developer platform Weights & Biases for $1.7 billion ahead of IPO

Odaily News AI supercomputing company CoreWeave plans to acquire AI developer platform Weights & Biases for $1.7 billion before its IPO. The financial terms of the transaction have not yet been disclosed, and the transaction has been submitted and is expected to be completed in the first half of this year. CoreWeave submitted an initial public offering (IPO) application yesterday. The company expects to raise $4 billion and be valued at more than $35 billion. (Decrypt)