From Yahoo Finance: 2025-03-19 16:45:00

CoreWeave, an AI startup backed by Nvidia, plans to price its IPO shares between $47 to $55, raising $2.3 billion to $2.7 billion. Founded in 2017, it offers data centers and high-powered chips for AI workloads, competing with Azure and AWS. Its revenue in 2024 was $1.92 billion, with a net loss of $863.4 million. Lead underwriters are Morgan Stanley, JPMorgan Chase, and Goldman Sachs. Shares to trade on Nasdaq as CRWV.



Read more at Yahoo Finance: Exclusive-CoreWeave to ask for $47 to $55 per share in IPO, sources say