We are advising CoreWeave on the transaction 

Davis Polk is advising CoreWeave, Inc. on its acquisition of Monolith AI Limited. The transaction is expected to close by early November 2025, subject to customary closing conditions. Financial terms of the transaction were not disclosed.

CoreWeave delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the United States and Europe.

Monolith’s broader mission is to put powerful AI tools in the hands of engineers – not just data scientists. Its platform already helps engineering teams model complex, intractable physics from test data. Monolith has raised funding from one of the world’s largest software investors and was named a Gartner Cool Vendor for AI in Automotive.

The Davis Polk corporate team includes partners Will Pearce, Michael Gilson and Tierney O’Rourke and associates Sophie Vacikar Bessisso, Karen Yang and Laurie Mathias. Partners Michael Kaplan and Hillary A. Coleman are providing capital markets advice. Partner Dominic Foulkes is providing U.K. tax advice. Partner Corey M. Goodman is providing U.S. tax advice. Partner Veronica M. Wissel is providing U.S. executive compensation advice. Counsel Neil Sharpe is providing U.K. executive compensation advice. Partner Pritesh P. Shah is providing intellectual property advice. Partner Matthew Yeowart is providing antitrust and competition advice. Members of the Davis Polk team are based in the London, Northern California and New York offices. 

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