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CoreWeave's $35 Billion IPO Ambition: A Game-Changer in AI Cloud Computing
CoreWeave, an AI cloud platform, is planning a U.S. IPO in 2025 aiming for a valuation over $35 billion, driven by its strategic pivot from cryptocurrency mining to AI-optimized cloud infrastructure. This move comes amid growing investor interest in generative AI, with CoreWeave leveraging Nvidia's GPUs to meet the rising demand for high-performance computing, positioning itself against giants like AWS and Microsoft Azure.
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By Dr. Tony HoangCoreWeave, an AI cloud platform, is planning a U.S. IPO in 2025 aiming for a valuation over $35 billion, driven by its strategic pivot from cryptocurrency mining to AI-optimized cloud infrastructure. This move comes amid growing investor interest in generative AI, with CoreWeave leveraging Nvidia's GPUs to meet the rising demand for high-performance computing, positioning itself against giants like AWS and Microsoft Azure.