Neocloud provider CoreWeave announced a deal to acquire Monolith AI Limited, an AI player focused on tackling complex physics and engineering challenges. Terms of the deal were not disclosed.
With Monolith's tech, CoreWeave aims to offer a full-stack platform for industrial and manufacturing enterprises and ultimately help clients in industrial verticals shorten R&D cycles, accelerate product development and design and unlock new levels of competitive advantage through AI-driven innovation.
"Monolith was founded to put AI directly into the hands of engineers, enabling them to create breakthrough technologies. Joining CoreWeave will allow us to scale that mission dramatically,” said Dr. Richard Ahlfeld, Founder and CEO of Monolith.
The deal comes on the heels of CoreWeave's purchase of Weights& Biases in May and OpenPipe in September.
Read the full release here.