AI Cloud Firm CoreWeave Eyes Filing $4 Billion IPO Within a Week
- Nvidia-backed firm seeks over $35 billion valuation in IPO
- Market has boosted recently-listed companies with AI ties
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Cloud computing provider CoreWeave is considering filing publicly for an initial public offering in the US within a week, according to people familiar with the situation.
The company, one of the hottest startups in artificial intelligence, is looking to raise about $4 billion from the listing, the people said, asking not to be identified discussing a private matter. CoreWeave is expected to target a valuation greater than $35 billion, the people said.