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Specialized Cloud Provider CoreWeave Rides AI Wave To Another $200M Round

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, an AI cloud infrastructure company, has in a Series B extension funding round that values it at $2 billion. The new funding is from existing investor and comes just weeks after CoreWeave raised $221 million.

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The back-to-back investments in CoreWeave highlight venture investors’ immense appetite for artificial intelligence startups and the companies that provide the infrastructure to power them. 

In the six months since unveiled its AI chatbot , investors have poured tens of billions of dollars into AI startups, which many tech leaders see as a paradigm shift in the technology world akin to the advent of the Internet three decades ago.

This year alone, seven funding rounds of $100 million or more have gone to U.S.-based startups related to AI, according to The SA¹ú¼Ê´«Ã½ Megadeals Board.

Coreweave offers cloud computing services based on graphics processing units, or GPUs, the server chips that underlie many AI services like ChatGPT. Underscoring the intense business interest in the technology, GPU leader — also a CoreWeave investor — this week

Coreweave, which competes with cloud providers , and , has now raised $576.5 million in total funding, per .

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