CoreWeave, the biggest Neo-cloud for AI, has filed S1, targeting a $35B IPO.
Revenue
- 2022: $16M
- 2023: $229M (+1,346% YoY)
- 2024: $1.9B (+737% YoY)
RPO was $15.1B.
In 2024, Microsoft was CoreWeave’s biggest customer and accounted for 62% of revenue.
Luffy
26 Likes
CoreWeave just won a $12B contract from OpenAI. Good news for the company before IPO.
Luffy
9 Likes
I guess that helps their customer concentration risk a little.
Ant
2 Likes