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Nvidia-Backed CoreWeave Eyes $4 Billion IPO: Is This AI's Next Big Test?
NVDANvidia(NVDA) Benzinga·2025-03-01 02:32

CoreWeave, a cloud computing firm backed by Nvidia Corp NVDA, is racing toward an IPO. It aims to raise 4billionatavaluationnorthof4 billion at a valuation north of 35 billion.CoreWeave could file for a U.S. listing within a week, reported Bloomberg, setting the stage for one of the year's most anticipated debuts.Read Also: IonQ CEO Fires Back At Nvidia’s Jensen Huang: ‘We Remain The 800 Pound Guerrilla’From Crypto To AI PowerhouseOriginally a cryptocurrency mining outfit, CoreWeave pivoted to AI in 2019 and hasn't looked back. The ...