思科的领导层正努力确保其技术在数据中心的快速建设中占有一席之地，这家网络设备提供商认为，由此带来的数据流动的增长正在创造对其产品日益增长的需求。According to sources, Cisco Systems has agreed to invest in CoreWeave, a cloud computing provider and one of the hottest startups in the field of ai.
According to Zhitong Finance, as reported by sources, Cisco Systems (CSCO.US) has agreed to invest in cloud computing provider CoreWeave, one of the hottest startups in the field of ai. As part of the deal, the company's valuation is $23 billion. According to last month's reports, CoreWeave, led by its CEO Michael Intrator, has been discussing so-called secondary transactions, allowing existing shareholders such as employees to bid for stakes ranging from $400 million to $500 million. CoreWeave, headquartered in Roseland, New Jersey, is considering an initial public offering (IPO) as early as next year.
CoreWeave's investors include Nvidia (NVDA.US), Magnetar Capital, Coatue Management, Jane Street, and Fidelity. CoreWeave was an early adopter of Nvidia's datacenter graphics chips, ahead of the surge in demand for powerful processors to run ai applications. It is building data centers based on Nvidia chips to provide computing related to ai.
Cisco's leadership is working hard to ensure its technology plays a key role in the rapid construction of data centers. The network equipment provider believes that the resulting growth in data flow is creating increasing demand for its products.
As a background, CoreWeave was originally a cryptocurrency mining company, which later shifted to cloud computing platform services. Since both fundamentally involved extensive purchases of Nvidia graphics cards, CoreWeave continued to support Nvidia's business even when the cryptocurrency market was not doing well. Their relationship was established many years ago. Therefore, in the capital markets' view, one of CoreWeave's key competitive advantages is its 'good relationship with Nvidia,' enabling them to obtain a large number of H100 graphics cards in times of severe shortages.
For Nvidia, the core value of supporting CoreWeave lies in disrupting the cloud computing market landscape. Similar to the $2 trillion market cap Nvidia, the top three cloud computing companies in the usa (Amazon AWS, Microsoft Azure, and Google Cloud) are all superpower businesses.