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CoreWeave to acquire Monolith AI to expand AI cloud platform
Yahoo Financeยท 2025-10-07 08:19
Group 1 - CoreWeave has agreed to acquire Monolith AI, which specializes in AI and machine learning applications for physics and engineering problems [1] - The acquisition aims to combine Monolith's simulation-driven ML with CoreWeave's AI cloud to create a comprehensive platform for industrial and manufacturing customers [1][2] - Monolith's platform is currently used by major engineering firms like Nissan, BMW, and Honeywell to enhance product development efficiency [2] Group 2 - The integration of Monolith's tools allows engineers without AI expertise to automate decision-making and reduce reliance on physical testing [3] - CoreWeave's recent strategic moves include partnerships with OpenPipe and Weights & Biases to enhance its applied AI cloud services [4] - CoreWeave has secured a contract worth up to $6.5 billion with OpenAI to provide infrastructure for training next-generation AI models [5]