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An announcement from Stack Capital Group, Inc. ( (TSE:STCK) ) is now available.
Stack Capital Group Inc. has invested $10 million USD in CoreWeave, a leading cloud-based AI infrastructure company known for its GPU-accelerated data centers that offer high-performance computing capabilities at significant cost savings. This investment positions Stack Capital to benefit from CoreWeave’s expansion in the AI infrastructure market, which is experiencing growing demand globally, especially with CoreWeave’s recent IPO filing and partnerships with major AI enterprises like Microsoft and Nvidia.
More about Stack Capital Group, Inc.
Stack Capital Group Inc. is an investment holding company that focuses on investing in equity, debt, and other securities of growth-to-late-stage private businesses. It provides shareholders with access to a diversified private investment portfolio and liquidity through its listing on the TSX, aiming to maximize long-term performance through high-growth businesses.
YTD Price Performance: -3.12%
Average Trading Volume: 11,453
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$116.1M
For an in-depth examination of STCK stock, go to TipRanks’ Stock Analysis page.