CoreWeave, which offers Nvidia GPUs in the cloud, says it closed a minority stake sale to investors led by Fidelity; sources: the sale values CoreWeave at $7B (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg:

CoreWeave, which offers Nvidia GPUs in the cloud, says it closed a minority stake sale to investors led by Fidelity; sources: the sale values CoreWeave at $7B  —  – IMCO, JPMorgan Asset Management, Zoom Ventures bet on startup  — Nvidia, Magnetar Capital are among its existing investors