A Korwave logo is displayed on a smartphone with stock market percentage in the background.
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According to two people with knowledge of the case, Korvev, a provider of Data Center Technology and Services for Artificial Intelligence Companies, has signed a five -year deal for Artificial Intelligence Companies.
As part of the deal, Openai will get a stake in Coreweave, which is about $ 350 million for the company. Upcoming initial public offeringAccording to people, those who did not name because the information is confidential.
Roots The first agreement was to report on.
Coreweave, which is supported by AI chipmaker NvidiaIs ready to debut on Nasdaq in the coming weeks. The company said in itself IPO prospectus Revenue exceeded 700% in 2024 last week, which exceeds $ 1.92 billion with more than 60%. MicrosoftChief investor in Openai.
In October, Coreweave announced $ 650 million credit line To expand your business and data center portfolio. In the last two years, the company has raised more than $ 12 billion from equity and debt investors, including $ 1.1 billion in May. $ 19 billion evaluation,
Coreweave said in its prospectus that it ended 2024 with 32 data centers, with more than 250,000 NVidia graphics processing units, or GPU. The company has crossed the announced goals in October, when Korview said it plans to open 28 data centers by the end of the year, with 10 more plans for 2025.
In addition to the supply of AI computing services to Microsoft, Coreweave’s customer base is also included Meta, IBM And coere.
Coreweave was given importance $ 19 billion In a funding round in May. Roots Informed In November, the company was targeting evaluation of more than $ 35 billion in its IPO.
