💨 Abstract

Artificial intelligence startup CoreWeave, backed by Nvidia, plans to ask investors for $47 to $55 per share in its upcoming IPO, potentially raising $2.3 billion to $2.7 billion. Founded in 2017, the company provides data center access for AI workloads, with customers including Meta, IBM, and Microsoft. Its revenue increased to $1.92 billion in 2024 from $228.

Courtesy: theprint.in

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