CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering (IPO) today. The company is expected to raise $4 billion, with a valuation of more than $35 billion.

CoreWeave, an artificial intelligence (AI) cloud-computing startup backed by Nvidia (NVDA), filed for an initial public offering (IPO) that

GPU farm discloses 77% of revenue tied to just two customers, putting Redmond giant front and center GPU cloud provider CoreWeave has filed for a proposed initial public offering (IPO) in the US, aiming to ride the AI wave and capitalize on the huge growth it has experienced recently.

The AI infrastructure provider is eyeing a $35 billion valuation after transforming its crypto mining business six years ago.

AI cloud provider CoreWeave is going public via an IPO on the Nasdaq stock exchange. The number of shares and the price range for the offering have not yet been determined, but CoreWeave is offering shares of its Class A common stock under the ticker "CRWV."

Through its cloud infrastructure, enterprise customers including Meta Platforms Inc. can obtain on-demand access to some of Nvidia’s most powerful GPUs, including its H100 and H200 chips, which are designed to provide accelerated computing power for large language models and other AI workloads.

CoreWeave, a company that provides cloud-based Nvidia graphics processing units to Meta, Microsoft and other businesses, on Monday filed to go public on the Nasdaq under the ticker symbol “CRWV.” Originally known as Atlantic Crypto,