Cloud computing startup CoreWeave is planning to go public by the first half of 2025, The Information’s Cory Weinberg reports., citing a person with direct knowledge of the situation. CoreWeave was last valued at $19B and raised $10B in equity and debt over the past year, the report notes. Other publicly traded companies in the space include Nvidia (NVDA), Trade Desk (TTD), Snowflake (SNOW), and Palantir (PLTR).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Nanox Imaging (NASDAQ:NNOX) Making Progress, While Priced at a Premium
- Fabrinet (NYSE:FN) Is Up 113% Over 12 Months: Is It Overvalued?
- Up 422% in 1 Year, Vertiv Stock (NYSE:VRT) Can Keep Rising
- Intel (NASDAQ:INTC) Slips as New Focus on Edge Computing Emerges
- How Elon Musk’s New Startup Sent Nvidia (NASDAQ:NVDA) Gaining Today