Reported about 10 hours ago
CoreWeave, a cloud company backed by Nvidia, has seen its revenue increase more than eight-fold to $1.92 billion in 2024 as it prepares for a significant IPO in New York, potentially raising over $3 billion. Despite a widening net loss of $863.4 million, CoreWeave's valuation is expected to exceed $35 billion. The company provides AI workloads infrastructure and aims to lead in the data center sector amidst increased demand for AI technologies.
Source: YAHOO