Weights & Biases to be Acquired by CoreWeave
Deal News | Mar 07, 2025 | Orrick
In a significant development within the AI industry, Weights & Biases, which operates a leading AI developer platform focused on model training and AI application evaluation, has finalized an agreement to be acquired by CoreWeave. CoreWeave, recognized for its hyperscale AI infrastructure and managed cloud services, plans to integrate Weights & Biases' capabilities to enhance its service offerings. The acquisition is poised to bolster CoreWeave's position in the AI market by combining its operational strength with the advanced developer tools provided by Weights & Biases. Legal representation for Weights & Biases was provided by the law firm Orrick. This acquisition is likely to influence the competitive landscape in AI infrastructure and developer tools, as these two entities create a powerful alliance.
Sectors
- Artificial Intelligence
- Cloud Computing
- Legal Services
Geography
- United States – Both CoreWeave and Weights & Biases are based in the United States, making it the primary geography for this acquisition.
Industry
- Artificial Intelligence – Both CoreWeave and Weights & Biases operate within the AI sector, providing critical infrastructure and developer tools for AI applications.
- Cloud Computing – CoreWeave's strengths in managed cloud services play a crucial role in this acquisition, making cloud computing a relevant industry classification.
- Legal Services – Orrick's involvement as legal advisor highlights the role of legal services in facilitating this acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Weights & Biases | Target | Company | An AI developer platform focused on AI model training and application evaluation. |
| CoreWeave | Buyer | Company | An AI Hyperscaler known for its infrastructure and managed cloud services. |
| Orrick | Legal Advisor | Company | A law firm that represented Weights & Biases in the acquisition process. |