CoreWeave, the Nvidia-backed data center company that recently filed for an IPO, has acquired AI developer platform Weights & Biases.

Nvidia-backed CoreWeave said on Tuesday that it is acquiring AI developer platform Weights & Biases as the company seeks to extend its cloud platform ahead of its IPO. The deal will combine CoreWeave's infrastructure and managed cloud services with Weights & Biases' platform,

Cloud computing firm CoreWeave has plans to acquire AI developer platform Weights & Biases as it seeks to bolster its infrastructure offerings in the fast-expanding AI sector. The deal, which is expected to close in the first half of 2025, cost CoreWeave $1.7 billion, according to a report by The Information.