CoreWeave and VAST Data have partnered to build a new and advanced AI infrastructure.
CoreWeave plans to adopt VAST Data's operating system to create advanced AI systems that deliver more efficient and reliable performance.
Coreweave closes $1.17 billion deal
VAST Data, an AI operating system (OS) company, has signed a commercial agreement worth $1.17 billion with CoreWeave, an AI-focused cloud computing provider.
This deal is one of the largest partnerships in AI infrastructure this year. Powering some of the world's most demanding artificial intelligence workloads, CoreWeave continues to use the VAST AI OS to efficiently manage, store, and process large data sets.
According to announcementUnder this system, CoreWeave will be able to deploy VAST across multiple data centers for any customer without worrying about platform reliability or scalability.
“These are some of the most intensive and demanding computing environments in the world,” VAST Data said in the announcement. The partnership also ensures that “customers always compute.”
Continued development of AI infrastructure
The collaboration between CoreWeave and VAST data results in the development of data services that improve the way data pipelines work. It enables developers and enterprises to create and train models more efficiently.
“At VAST, we are building the data foundation for the world's most ambitious AI initiatives,” said Renen Hallak, Founder and CEO of VAST Data. He explained that this partnership is the result of deep technical and business cooperation with CoreWeave.
Brian Venturo, CoreWeave co-founder and chief strategy officer, said the VAST AI operating system is critical to how CoreWeave designs and delivers its AI cloud.
He further said that this partnership allows CoreWeave to provide a scalable and cost-effective AI infrastructure without sacrificing performance. Venturo said this will enhance the reliability and reliability of the data platforms that customers rely on for demanding workloads.
CoreWeave's $9 billion merger proposal for Core Scientific was defeated after the company's shareholders voted against it. Core Scientific is primarily known for its high-density colocation services and mining.
The transaction was supposed to be an all-stock merger. However, shareholders reportedly rejected the offer due to the volatile price of the recently listed CRWV and uncertainty about the value of the share exchange. Many major shareholders and organizations publicly opposed the deal even before the vote, before it was finally formally rejected.
