CoreWeave has appointed Nitin Agrawal as its chief financial officer, replacing Evan Meagher.

Agrawal spent nearly three years as the vice president of finance at Google Cloud. Prior to that role, he spent over four years as the CFO of compute services at AWS and seven as the finance group manager at Microsoft.

He is the second Google Cloud executive to leave this week, following sales head Adaire Fox-Martin's move to become Equinix's CEO.

"CoreWeave is filling a void in the high-performance computing space left unaddressed by the legacy cloud providers," Agrawal said.

"I'm thrilled for the opportunity to bring my experience to bear and help build the next generation of cloud infrastructure, alongside the best team in the industry."

Late last year, the company - which pivoted from crypto to build an AI cloud - announced that it had raised $642 million in a round that valued it at $7 billion. That came after a $221m and a $200m raise earlier that year.

CoreWeave has also secured a $2.3bn debt financing facility in a funding round that was led by Magnetar Capital and managed by Blackstone Tactical Opportunities.

It is also believed to have signed a multi-year, multi-billion dollar deal with Microsoft to help support its compute needs amid GPU shortages.