CoreWeave was founded in 2017 and initially started out with cryptocurrency mining before its pivot to cloud computing.
CoreWeave's S-1 was filed with the SEC, seeking to trade on Nasdaq as "CRWV". Their income remarkably grew by 737% between 2023 and 2024, to $1.9 billion.
Microsoft is an important customer, accounting for 62% of CoreWeave’s revenue in 2024.
With an IPO on the horizon for CoreWeave, the focus will be on growing its operations and diversifying its customer base.
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