AI cloud provider CoreWeave files for IPO
CoreWeave CEO Michael Intrator appears on CNBC on July 17, 2024.CNBCCoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.In its IPO prospectus on Monday, CoreWeave said revenue in 2024 soared more than 700% to $1.92 billion. The company recorded a net loss of $863.4 million. In 2024, 62% of CoreWeave's revenue came from Microsoft. CoreWeave filed to trade on the Nasdaq under ticker symbol "CRWV."Originally known as Atla...
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