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Cloud computing startup CoreWeave, backed by Nvidia, is preparing for an IPO in the first half of 2025. The GPU provider, which had a revenue of just $30 million in 2022, is expected to see its revenue surge to $5 billion by next year due to the AI boom. CoreWeave was last valued at $19 billion and has raised approximately $10 billion in equity and debt over the past year.
The Briefing: What CoreWeave’s IPO Plans tell us. Plus, Salesforce stock plunges on anemic outlook. https://t.co/hX7biWxbjd From @coryweinberg.
I haven't looked at CoreWeave But the same people saying CoreWeave will mark the top said $ARM was the top, that it was SoftBank garbage and their IPO valuation was a joke Since ARM IPO: ARM +100%, NVDA +161%, NASDAQ +23%
CoreWeave prepares for 2025 IPO. Will the party keep going on until then? https://t.co/wUhVlcCJFg
