CoreWeave Targets Over $35 Billion Valuation in Q2 2025 US IPO, Recently Valued at $23 Billion

Nov 23, 2024, 12:03 AM

CoreWeave is planning a significant initial public offering (IPO) in the United States, aiming for a valuation exceeding $35 billion. The company, which was recently valued at $23 billion in a secondary sale, is expected to raise over $3 billion during this IPO, anticipated to take place in the second quarter of 2025. This move reflects CoreWeave's rapid growth and strategic positioning within the artificial intelligence sector, highlighting its appeal to venture capitalists and private equity firms, including notable investors Nat Friedman and Daniel Gross, as well as industry giant Nvidia.