AI Research
CoreWeave Stock Rises on News of Nvidia-Backed Firm’s VC Fund for AI Investments
Key Takeaways
- CoreWeave has launched a venture initiative designed to support founders of new artificial intelligence efforts.
- The artificial intelligence cloud computing firm’s CoreWeave Ventures will offer direct investment capital and other assistance designed to bring new ideas to market faster.
- CoreWeave shares hit the market just five months ago, and shares have more than doubled since then.
CoreWeave (CRWV) shares gained 4% in morning trading after the artificial intelligence (AI) cloud computing platform announced plans to support new AI efforts.
The Nvidia-backed company said it was starting CoreWeave Ventures to provide “investment resources, technical expertise, and compute” to help AI founders bring new ideas to the market more quickly.
The assistance will range “from direct capital investment and compute-for-equity transactions to technical collaboration and go-to-market opportunities.”
Co-founder and Chief Development Officer Brannin McBee explained CoreWeave Ventures is designed “to give other audacious, like-minded founders the support they need to drive technical advancements and bring to market the next class of innovation.”
The company noted that CoreWeave Ventures “is already working with a diverse group of innovators, from foundational model developers building novel large language models to pioneers in vertical AI applications and infrastructure.”
Shares of CoreWeave, which only began publicly trading in March, are up about 150% since then.
© TechMarketView LLP 2007-2025: Unauthorised reproduction prohibited see full Terms and conditions.
In a LinkedIn post, Miguel Luengo-Oroz, co-founder and CEO of Spotlab.ai, confirmed the company is hiring an Artificial Intelligence Research Scientist. The role is aimed at early career researchers, postdoctoral candidates, and recent PhD graduates in AI.
Luengo-Oroz writes: “Are you a young independent researcher, postdoc, just finished your PhD (or on the way there) in AI and wondering what’s next? If you’re curious, ready to tackle tough scientific and technical challenges, and want to build AI for something that matters, this might be for you.”
Spotlab.ai targets diagnostics role with new hire
The position will focus on building and deploying multimodal AI solutions for diagnostics and biopharma research. Applications include blood cancers and neglected tropical diseases.
The scientist will be expected to organize and prepare biomedical datasets, train and test AI models, and deploy algorithms in real-world conditions. The job description highlights interaction with medical specialists and product managers, as well as drafting technical documentation. Scientific publications are a priority, with the candidate expected to contribute across the research cycle from experiment planning to peer review.
Spotlab.ai is looking for candidates with experience in areas such as biomedical image processing, computer vision, NLP, video processing, and large language models. Proficiency in Python and deep learning frameworks including TensorFlow, Keras, and PyTorch is required, with GPU programming experience considered an advantage.
Company positions itself in global health AI
Spotlab.ai develops multimodal AI for diagnostics and biopharma research, with projects addressing gaps in hematology, infectious diseases, and neglected tropical diseases. The Madrid-based startup team combines developers, engineers, doctors, and business managers, with an emphasis on gender parity and collaboration across disciplines.
CEO highlights global mission
Alongside the job listing, Luengo-Oroz underscored the company’s broader mission. A former Chief Data Scientist at the United Nations, he has worked on technology strategies in areas ranging from food security to epidemics and conflict prevention. He is also the inventor of MalariaSpot.org, a collective intelligence videogame for malaria diagnosis.
Luengo-Oroz writes: “Take the driver’s seat of our train (not just a minion) at key stages of the journey, designing AI systems and doing science at Champions League level from Madrid.”
-
Business2 weeks agoThe Guardian view on Trump and the Fed: independence is no substitute for accountability | Editorial
-
Tools & Platforms4 weeks ago
Building Trust in Military AI Starts with Opening the Black Box – War on the Rocks
-
Ethics & Policy1 month agoSDAIA Supports Saudi Arabia’s Leadership in Shaping Global AI Ethics, Policy, and Research – وكالة الأنباء السعودية
-
Events & Conferences4 months agoJourney to 1000 models: Scaling Instagram’s recommendation system
-
Jobs & Careers2 months agoMumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Podcasts & Talks2 months agoHappy 4th of July! 🎆 Made with Veo 3 in Gemini
-
Education2 months agoMacron says UK and France have duty to tackle illegal migration ‘with humanity, solidarity and firmness’ – UK politics live | Politics
-
Education2 months agoVEX Robotics launches AI-powered classroom robotics system
-
Funding & Business2 months agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Podcasts & Talks2 months agoOpenAI 🤝 @teamganassi