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CoreWeave, Inc., a cloud computing firm backed by NVIDIA Corp. (NASDAQ:NVDA), filed its Form S-1 with the U.S. Securities and Exchange Commission on Monday, signaling its intent for an initial public offering.
What Happened: The company, which powers artificial intelligence workloads for giants like Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META), aims to list its Class A common stock on the Nasdaq under the ticker “CRWV.”
This IPO marks a pivotal moment for the AI infrastructure sector, projected by Bloomberg Intelligence to hit $399 billion by 2028.
Founded by Michael Intrator, Brian Venturo, and Brannin McBee, CoreWeave has positioned itself as …
