CoreWeave shares rose Tuesday after the cloud infrastructure provider announced the launch of CoreWeave Ventures, a new fund aimed at investing in artificial intelligence startups. CoreWeave is the largest publicly traded neocloud provider and delivers AI-focused cloud services, including Nvidia GPUs and high-performance storage. The fund will offer capital investment models, access to CoreWeave’s AI-focused cloud platform, and product and go-to-market guidance based on the company’s existing partnerships. Shares climbed 6% in premarket trading. The Nvidia-backed company went public at $40 a share in March, rallied to $187 in June, and closed Monday at $93.55. AI startups in the U.S. raised nearly $104.3 billion in the first half of 2025.
