CoreWeave launches venture capital arm focused on early-stage AI startups

CoreWeave (CRWV) announced it will establish a venture capital arm focused on early-stage artificial intelligence startups. The new fund, called CoreWeave Ventures, will focus on investing in startups developing AI tools, infrastructure, or applications. The company did not disclose the investment amount, but sees the move as an extension of its broader mission to support high-performance computing for machine learning and generative AI.