08:10 AM EST, 03/05/2025 (MT Newswires) -- Stack Capital Group ( STCGF ) on Wednesday said it has invested US$10 million into CoreWeave, a cloud-based AI-infrastructure company that provides data centers delivering high-performance capabilities.

"Given its growing data center presence across the United States, Europe, and Canada, CoreWeave is extremely well-positioned to continue capitalizing on accelerating global demand for AI infrastructure and compute capabilities," said Chief Executive Jeff Parks "With leading AI enterprises such as Microsoft, Nvidia, Meta, and Cohere already in the fold, and a recently announced IPO filing, it's an exciting time to be an investor in CoreWeave, as well as Stack Capital ( STCGF )."