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CoreWeave, known as NVIDIA's "favorite child," has submitted an IPO application. Last year, its revenue skyrocketed eightfold, with capital expenditure tripling, and Microsoft contributed two-thirds of the revenue.
The AI Cloud Computing Company CoreWeave has submitted an IPO application to the USA Securities and Exchange Commission, with an estimated Company Valuation of over 35 billion USD, planning to raise about 4 billion USD. Currently, investors are discussing how long CoreWeave's growth can be sustained, as reduced reliance by major clients like Microsoft and Meta on external Cloud Computing Service providers may impact CoreWeave.
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