CoreWeave Shares Climb 4.5% Following Launch of AI-Focused VC Arm
September 9, 2025
Shares of CoreWeave (CRWV) jumped as much as 9% Monday morning after the company announced the launch of CoreWeave Ventures, a venture capital arm dedicated to early-stage artificial intelligence startups. By midday U.S. trading, the stock was up 4.5%.
CoreWeave Ventures will invest in startups developing AI infrastructure, tools, and applications. While the company has not disclosed the size of the fund, it framed the initiative as an extension of its broader mission to provide high-performance computing for machine learning and generative AI workloads.
“Our aim with CoreWeave Ventures is to empower audacious founders to drive technological advancements and bring the next wave of AI innovation to market,” said Brannin McBee, co-founder and chief development officer.
CoreWeave specializes in cloud computing optimized for AI workloads, offering clients access to Nvidia GPUs and high-speed storage. The company went public earlier this year at $40 per share, surged to $187 in June, and has since pulled back.
The announcement comes amid an active period for AI-focused cloud infrastructure companies. On Monday, Nebius signed a five-year, $19.4 billion deal with Microsoft to supply computing power, boosting several AI and data center stocks.
Separately, CoreWeave is moving forward with its $9 billion all-stock acquisition of bitcoin miner Core Scientific (CORZ), announced in July and still subject to shareholder and regulatory approval.
For AI startups, CoreWeave Ventures offers a new source of specialized funding beyond generalist venture firms or hyperscaler-backed capital. For CoreWeave, the move provides an opportunity to support the ecosystem it helps power while potentially gaining early access to the next generation of breakthrough technologies.
