CoreWeave Advances 4.5% on News of New AI Startup Investment Arm

CoreWeave Shares Rise 4.5% as Company Launches AI-Focused VC Arm
September 9, 2025

Shares of CoreWeave (CRWV) climbed as much as 9% on Monday morning following the announcement of a new venture capital arm targeting early-stage artificial intelligence startups. By midday U.S. trading hours, the stock was up 4.5%.

The new fund, CoreWeave Ventures, will invest in startups developing AI tools, infrastructure, or applications. While the company did not disclose the fund’s size, it described the initiative 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 support they need to drive technological advancements and bring the next generation of innovation to market,” said Brannin McBee, co-founder and chief development officer at CoreWeave.

CoreWeave specializes in cloud computing optimized for AI, 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 retraced.

The launch comes amid a busy period for AI-focused cloud infrastructure firms. 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 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 offers a new source of specialized capital beyond generalist venture firms or hyperscaler-backed funds. For CoreWeave, the initiative provides an opportunity to invest in the ecosystem it helps power and potentially gain early exposure to the next breakthrough technologies.