Cloud computing company CoreWeave is mulling filing publicly for an IPO in the U.S. within a week, Bloomberg’s Bailey Lipschultz and Gillian Tan report, citing people familiar with the situation. The company, one of the biggest startups in AI, is eyeing raising roughly $4B from the listing and is expected to target a valuation higher than $35B, the authors note. Companies in the AI space include Nvidia (NVDA), Microsoft (MSFT), IBM (IBM), Apple (AAPL), and Meta (META).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- CoreWeave weighs filing $4B IPO within a week, Bloomberg reports
- Meta in talks over $200B AI data center project, Information says
- Meta in discussions for $200B AI data center project, Reuters says
- AppLovin (APP) Stock Falls 15% as Short Seller Says Company Is Built on a “House of Cards”
- AI Daily: Amazon introduces next-generation assistant Alexa+