Nvidia-Backed CoreWeave Files for IPO, Shows Growing Revenue
CoreWeave, a cloud-computing provider that’s one of the hottest startups in artificial intelligence, filed for an initial public offering disclosing rapidly growing revenue.The Nvidia Corp.-backed company had revenue of $1.9 billion in 2024, resulting in a net loss of $863 million, versus revenue of $229 million and a net loss of $594 million in the previous year, according to a filing with the US Securities and Exchange Commission on Monday....
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