CoreWeave plans to raise up to $2.7 billion in an IPO.

BlockBeats news, on March 21, according to CNBC, CoreWeave's IPO prospectus shows plans to issue shares at a price of $47 to $55 each, raising up to $2.7 billion, and will be listed on Nasdaq under the ticker "CRWV". The company primarily focuses on Nvidia cloud computing processors, with clients including Meta and Microsoft. Revenue is expected to rise over 700% to $1.92 billion in 2024, with Microsoft contributing 62%. By the end of 2024, the company will have deployed over 250,000 Nvidia GPUs across 32 data centers. This IPO is led by Morgan Stanley, with JPMorgan and Goldman Sachs participating in the underwriting.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Yusufersoyvip
· 03-20 19:46
Ape In 🚀
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)