CoreWeave has filed S1

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