AI Cloud Coreweave Eyes $ 4B IPO, could archive to us list within a week: Bloomberg

Artificial Intelligence (AI) company Coreweave plans to submit a public list in the United States within a week, according to a Bloomberg report.

The Cloud Computing company wants to collect about $ 4 billion from the list, the report says, citing people who are familiar with the case. It is targeted at a valuation of over $ 35 billion, the report added. Coreweave was not immediately available for comment.

On Wednesday, Bitcoin mining company Core Scientific and Coreweave said they planned a $ 1.2 billion data center expansion in Texas.

Coreweaves IPO plan is the latest in a number of US lists of crypto-related companies, including blockchain.com, Bitgo, Gemini and Etoro.

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