CoreWeave, a New Jersey-based firm specializing in infrastructure for artificial intelligence, has expanded its presence to a total of 36,000 square feet at One Bellevue Center in Bellevue, Washington. This move follows the company’s significant growth, which included raising $1.5 billion in an initial public offering, with shares now trading above $103.
As the Seattle region experiences a shift in the tech landscape, Bellevue is increasingly viewed as a burgeoning hub for AI development, influenced by companies like Microsoft and Amazon. The area has seen a surge in AI-related office openings, with recent additions including xAI’s 25,000-square-foot office and Crusoe’s 7,400-square-foot facility.
CoreWeave's expansion will allow it to double its space in the building, transitioning from one to two floors, as reported by the Puget Sound Business Journal. The company is actively hiring, with multiple engineering positions available in the area, contributing to the creation of a developing AI corridor.