CoreWeave (IPO)
Funding Details
Awarder
Inbox
Date Award
May 18, 2025
Vertical
Cloud Computing
Premoney Valuation
$23,000,000,000
Valuation
$32,000,000,000
Funding Amount
$3,500,000,000
Company Info
Traction
CoreWeave generated $1.9 billion in revenue in 2024, a significant increase from $228.9 million in 2023, although it remains unprofitable with losses of $863 million in 2024.
Revenue Amount
$1,900,000,000
Organizations Involved
Nvidia, Microsoft, Cohere, Meta, Mistral
Founders
Michael Intrator, Brian Venturo, Brannin McBee
Market
AI-specific cloud services
Location
USA
Company Description

CoreWeave runs an AI-specific cloud service from its network of 32 data centers that together have more than 250,000 Nvidia GPUs. The company has experienced significant revenue growth, primarily driven by its relationship with major clients like Microsoft.

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