Catenaa, Friday, March 07, 2025- CoreWeave, the New Jersey-based AI cloud provider, has filed for its Initial Public Offering (IPO), marking a major milestone in the tech industry. The company, which transitioned from crypto mining to AI infrastructure six years ago, submitted its S-1 registration filing to the U.S. Securities and Exchange Commission (SEC) on […]

Catenaa, Friday, March 21, 2025– Nvidia-backed company CoreWeave’s Initial Public Offering on Thursday has oversubscribed after early mutual fund support and one-on-one conversions, Bloomberg reported. Quoting sources, Bloomberg said that the CoreWeaveIPO was oversubscribed, where the offering could raise as much as $2.7 billion at the top of the marketed range. The deal is expected […]

Catenaa, Thursday, March 13, 2025- OpenAI has secured a five-year, $11.9 billion contract with CoreWeave to provide AI infrastructure for training its models. The deal, announced on Monday, includes $350 million in CoreWeave stock, linked to the cloud computing provider’s upcoming IPO. According to OpenAI CEO Sam Altman, the agreement addresses the need for “reliable […]