CoreWeave and VAST Data have entered a partnership to build new and advanced AI infrastructure.
CoreWeave intends to employ VAST Data’s operating system in the creation of advanced AI systems for its 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.
The agreement is one of the largest partnerships in AI infrastructure this year. CoreWeave, which powers some of the world’s most demanding artificial intelligence workloads, will continue to use the VAST AI OS to manage, store, and process massive datasets efficiently.
According to the announcement, under 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 are always computing.”
The continued development of AI infrastructure
CoreWeave and VAST data’s collaboration will bring about the development of data services that improve how data pipelines operate. It will help developers and companies create and train models more efficiently.
“At VAST, we are building the data foundation for the most ambitious AI initiatives in the world,” Renen Hallak, the founder and CEO of VAST Data, said. He described the partnership as the result of a deep technical and business collaboration with CoreWeave.
CoreWeave’s co-founder and Chief Strategy Officer, Brian Venturo, said that the VAST AI operating system is important to how CoreWeave designs and delivers its AI cloud.
He went on to say that the partnership enables CoreWeave to deliver scalable and cost-efficient AI infrastructure without compromising on performance. Venturo said that this reinforces the trust and reliability of the data platform that their customers depend on for demanding workloads.
CoreWeave’s $9 billion merger bid for Core Scientific was rejected after the firm’s stockholders voted against the deal. Core Scientific is mostly known for its high-density colocation services and mining.
The deal was supposed to be an all-stock merger. However, shareholders reportedly rejected the offer because of the volatile price of the recently listed CRWV, making the value of the share swap uncertain. Even before the vote, many large shareholders and groups had publicly opposed the deal before it was finally formally rejected.