CoreWeave Shares Jump 4.5% After Launching AI-Focused Venture Arm
September 9, 2025
Shares of CoreWeave (CRWV) rose as much as 9% Monday morning following the company’s announcement of a new venture capital arm aimed at early-stage artificial intelligence startups. By midday U.S. trading, the stock was up 4.5%.
The new fund, CoreWeave Ventures, will target startups building AI infrastructure, applications, and tools. The company did not disclose the fund’s capital commitment but framed the move as an extension of its mission to support high-performance computing for machine learning and generative AI workloads.
“Our goal with CoreWeave Ventures is to provide ambitious founders the resources to drive technical innovation and bring the next generation of AI solutions to market,” said Brannin McBee, co-founder and chief development officer at CoreWeave.
CoreWeave, which specializes in AI-optimized cloud computing with Nvidia GPUs and high-speed storage, went public earlier this year at $40 per share, reaching $187 in June before a partial pullback.
The launch comes as the AI cloud infrastructure sector sees heightened activity. On Monday, Nebius signed a five-year, $19.4 billion agreement with Microsoft to supply computing power, lifting several AI and data center stocks.
Additionally, CoreWeave is in the process of acquiring bitcoin miner Core Scientific (CORZ) in a $9 billion all-stock deal, announced in July and pending shareholder and regulatory approval.
For AI startups, CoreWeave Ventures provides specialized investment options beyond generalist venture funds or hyperscaler-linked capital. For CoreWeave, it represents a strategic move to support and potentially gain early access to innovations within the ecosystem it powers.
