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CoreWeave to Acquire Weights & Biases – Industry Leading AI Developer Platform for Building and Deploying AI Applications

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2 years ago

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Acquisition to create end-to-end platform for AI labs and enterprises to bring new innovations to market faster

LIVINGSTON, N.J., March 4, 2025 /PRNewswire/ — CoreWeave, the AI Hyperscaler™, today announced it has reached an agreement to acquire Weights & Biases, a leading AI developer platform. The acquisition extends CoreWeave’s purpose-built cloud platform by enabling an end-to-end experience for customers, enhancing functionality for the world’s leading AI labs and enterprises to build, tune and deploy AI applications.

The transaction combines CoreWeave’s infrastructure and managed cloud services with the Weights & Biases AI developer platform for AI model training and AI application evaluation and monitoring. Collectively, CoreWeave and Weights & Biases intend to provide customers with a powerful application development workflow to accelerate AI roadmaps and bring innovations to market faster. The combination will result in one team dedicated to customers with intense focus on the end-user experience and productivity. CoreWeave plans to bring new innovations to the Weights & Biases platform while maintaining the functionality and dependability that users know and love. Weights & Biases’ customers will also be able to continue deploying workloads wherever they like, be it on-premise or with the infrastructure provider of their choice.

Weights & Biases was founded in 2017 by Lukas Biewald, Chris Van Pelt, and Shawn Lewis, on a mission to build the best tools for AI developers. Since then, the company has become a leading player in the MLOps and LLMOps space with a platform used by over 1 million AI engineers. Its trusted software products are used industry-wide by marquee enterprises, including OpenAI, Meta, NVIDIA, Snowflake, AstraZeneca, Toyota, Canva, Square, and Wayve to build and train AI models and develop and deploy AI applications.

“Weights & Biases has built a phenomenal platform to help organizations of any size and across a range of industries to build, deploy and monitor AI training and inference applications,” said Michael Intrator, co-founder and CEO of CoreWeave.

CoreWeave’s proprietary software and cloud services are purpose-built to deliver the software and software intelligence needed to manage complex AI infrastructure at scale. The CoreWeave Cloud Platform supports the development and deployment of ground-breaking models and the delivery of the next generation of AI applications. It has been fundamentally architected from the ground up to deliver cutting-edge performance optimized for AI workloads and is trusted by some of the world’s leading AI labs and enterprises.

“We have long admired CoreWeave. We have a shared alignment of vision and values, and we are obsessively focused on helping our customers get to market faster with our cutting-edge technology and services. Together with CoreWeave, we will bring this grit and passion for innovation to customers at an even greater scale, with the goal of rapidly accelerating adoption across the world’s leading AI labs and enterprises,” said Lukas Biewald, co-founder and CEO of Weights & Biases. “We are extremely proud of what we have built at Weights & Biases and we can’t wait to see what we can accomplish together.”

The transaction is subject to customary closing conditions, including regulatory approvals. It is expected to close in the first half of 2025. Evercore and Morgan Stanley acted as financial advisors to CoreWeave, and Davis Polk & Wardwell LLP served as CoreWeave’s legal advisor. Qatalyst Partners acted as financial advisor to Weights & Biases.

About CoreWeave
CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024. Learn more at www.coreweave.com. 

About Weights & Biases 
Weights & Biases is the AI developer platform powering the generative AI industry. Over 1,400 organizations worldwide — including AstraZeneca, Canva, NVIDIA, Snowflake, Square, Toyota, and Wayve — and more than 30 foundation model builders, such as OpenAI, Meta, and Cohere, rely on Weights & Biases as their system of record for training and fine-tuning AI models and developing AI applications with confidence. Headquartered in San Francisco with a global presence, Weights & Biases is backed by leading investors, including Coatue, Insight Partners, Felicis Ventures, BOND, Bloomberg Beta, and NVIDIA.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the acquisition of Weights & Biases by CoreWeave and its impact on the CoreWeave Cloud Platform, the expected closing date for the acquisition, regulatory approvals, the plans, benefits and synergies resulting from the acquisition, and other future events. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to: CoreWeave’s ability to integrate Weights & Biases’ operations into its business; CoreWeave’s ability to develop and release platform, solutions and service enhancements and new solutions and services to respond to rapid technological change in a timely and cost-effective manner; intense and increasing competition in CoreWeave’s market; obtaining regulatory approvals for the transaction; and other general market, political, economic, and business conditions. All forward-looking statements contained herein are based on information available as of the date hereof and neither CoreWeave nor Weights & Biases assumes any obligation to update these statements as a result of new information or future events.

CONTACT: Colleen Hsia, coreweave@teneo.com 

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SOURCE CoreWeave

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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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2 hours ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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3 hours ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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