AI Firm CoreWeave Files for IPO, Citing $1.9B in Revenue

CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today.

The company is expected to raise $4 billion, with a valuation of more than $35 billion.

Today’s filing showed the company had seen $1.9 billion in revenue in 2024, resulting in a net loss of $863 million due to the firm’s AI-related investments. The company currently carries an accumulated deficit of $1.5 billion.

CoreWeave has enlisted Core Scientific’s assistance to build 500 megawatts (MW) of infrastructure for AI-related purposes. The latter company used to be CoreWeave’s biggest GPU supplier when the former was still mining ether.

The move comes as demand for AI has spiked significantly amid the adoption of the tech from small retail users to large institutions. CoreWeave said that the AI industry will generate a cumulative küresel economic impact of $20 trillion, or 3.5% of küresel GDP, by 2030, according to IDC.

The shares of CORZ are up 3.5% post-market trading.

İlginizi Çekebilir:ABD Intel’den hisse alabilir
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

FBI Seizes $200,000 in Crypto From Hamas-Linked Wallets, Accounts
Grayscale Rolls Out Crypto Fund for Pyth, Expanding Investor Access in Solana Ecosystem
Savaşın kaderini değiştirecek! ASELSAN’dan füzeleri kör eden lazer
Brazil Set to Launch World’s First spot XRP ETF
U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit
Apple Destek için AI chatbot özelliği test ediliyor
mp4 indir | © 2025 |