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(Updated - March 3, 2025 5:06 PM EST)
CoreWeave (CRWV) has filed for a proposed IPO.
The company describes itself as: "CoreWeave powers the creation and delivery of the intelligence that drives innovation.
We are the AI HyperscalerTM driving the AI revolution.1 Our CoreWeave Cloud Platform consists of our proprietary software and cloud services that deliver the software and software intelligence needed to manage complex AI infrastructure at scale. Our platform supports the development and use of ground-breaking models and the delivery of the next generation of AI applications that are changing the way we live and work across the globe—our platform is trusted by some of the world’s leading AI labs and AI enterprises, including Cohere Inc. (“Cohere”), International Business Machines Corporation (NYSE:IBM) (“IBM”), Meta Platforms (NASDAQ:META), Inc. (“Meta”), Microsoft Corporation (NASDAQ:MSFT) (“Microsoft”), Mistral AI SAS (“Mistral”), and NVIDIA Corporation (NASDAQ:NVDA) (“NVIDIA”)."
Morgan Stanley, J.P. Morgan and Goldman Sachs & Co (NYSE:GS) will serve as lead underwriters.