| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
CoreWeave, Inc. (NASDAQ:CRWV), the AI Hyperscaler™, today announced an agreement to acquire Monolith AI Limited, a pioneer in applying artificial intelligence and machine learning to solve complex physics and engineering challenges. Combining Monolith's simulation and test-driven machine learning capabilities with CoreWeave's purpose-built AI cloud enables the combined companies to offer a full-stack platform for industrial and manufacturing enterprises. The aim is to enable users to shorten R&D cycles, accelerate product development and design, and unlock new levels of competitive advantage through AI-driven innovation.
"Every leader we meet across the industrial and manufacturing sectors knows AI can transform their business. What they need are the right tools to use the technology to solve intractable physics and engineering problems. Those challenges have historically slowed industrial innovation, and Monolith has closed that gap," said Brian Venturo, Co-founder and Chief Strategy Officer at CoreWeave. "Together we will help these enterprises better harness AI to accelerate breakthroughs and bring better products to market faster."
"Monolith was founded to put AI directly into the hands of engineers, enabling them to create breakthrough technologies. Joining CoreWeave will allow us to scale that mission dramatically," said Dr. Richard Ahlfeld, Founder and CEO of Monolith. "Together we will bring powerful tools and domain expertise to thousands more builders across industries who are eager to use AI but lack the infrastructure and know-how."
Posted In: CRWV
