Nvidia-backed CoreWeave plans to raise up to $2.7 billion in US IPO

Nvidia-backed CoreWeave plans to raise up to $2.7 billion in a U.S. IPO. The company plans to raise up to $2.7 billion in a U.S. initial public offering. The AI-focused cloud service provider and some of its investors plan to sell 49 million shares, priced between $47 and $55 per share. The offering is expected to be a key test of the demand of AI companies. CoreWeave signed a five-year contract with OpenAI worth $11.9 billion, giving OpenAI a stake in the company. Morgan Stanley, JPMorgan Chase and Goldman Sachs will lead a consortium of Wall Street banks underwriting the offering.

Latest News

03-21
云服务提供商CoreWeave宣布启动美国IPO，拟筹资至多27亿美元
云服务提供商CoreWeave宣布启动美国IPO，拟筹资至多27亿美元
03-21
Nvidia-Backed AI Firm CoreWeave IPO Is Said to Be Oversubscribed After First Day
Nvidia-Backed AI Firm CoreWeave IPO Is Said to Be Oversubscribed After First Day
03-21
CoreWeave拟IPO募资最高27亿美元
CoreWeave拟IPO募资最高27亿美元
03-21
CoreWeave拟IPO募资最高27亿美元
CoreWeave拟IPO募资最高27亿美元
03-20
CoreWeave或将以300亿美元估值进行IPO上市
CoreWeave或将以300亿美元估值进行IPO上市
03-20
Nvidia支持的CoreWeave计划在美国IPO中筹集高达27亿美元的资金
Nvidia支持的CoreWeave计划在美国IPO中筹集高达27亿美元的资金
03-20
Nvidia-backed CoreWeave aims to raise up to $2.7 billion in US IPO
Nvidia-backed CoreWeave aims to raise up to $2.7 billion in US IPO
03-20
Coreweave Inc - IPO Price Expected to Be Between $47.00 and $55.00 per Share - SEC Filing
Coreweave Inc - IPO Price Expected to Be Between $47.00 and $55.00 per Share - SEC Filing
03-20
Market Chatter: Nvidia-backed CoreWeave to Ask for up to $55 Per Share in IPO
Market Chatter: Nvidia-backed CoreWeave to Ask for up to $55 Per Share in IPO

User Discussion

avatarMaverickWealthBuilder
03-27

The Biggest Loser of MSFT scraps data centers

Friday's upcoming IPO of $CoreWeave, Inc.(CRWV)$ may be the biggest victim of Microsoft's order withdrawal:Microsoft accounts for 62% of CoreWeave's revenue, and its shrinking order book is a direct hit to the company's revenue base.The company's debt burden is currently as high as $8 billion (equivalent to 30% of the IPO valuation), and the pressure on debt servicing will further exacerbate cash flow constraintsThe aggressive expansion model, which has consumed $7.1 billion in cash over the past two years, is unsustainable in the wake of divestment by large customers, and limited capex capacity could lead to stalled arithmetic infrastructure upgradesAccording to Faber, what's the point of Coreweave's business model?Their capex and associated depr
11
The Biggest Loser of MSFT scraps data centers