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2025-03-04 | Curator: CryptoTerminal
AI Cloud Provider CoreWeave Files for IPO After Breakout Year
CoreWeave has filed for what could become one of 2025's most significant tech IPOs. The New Jersey-based company, which pivoted from crypto mining to AI infrastructure six years ago, officially submitted its S-1 registration filing to the SEC on Monday, naming Morgan Stanley, Goldman Sachs, and JPMorgan as lead underwriters. While reports had previously detailed CoreWeave's $4 billion raise, at a valuation exceeding $35 billion, what stands out is its financial performance. The numbers point t...