Through its cloud infrastructure, enterprise customers including Meta Platforms Inc. can obtain on-demand access to some of Nvidia’s most powerful GPUs, including its H100 and H200 chips, which are designed to provide accelerated computing power for large language models and other AI workloads.

By Arasu Kannagi Basil (Reuters) -Nvidia-backed CoreWeave's revenue surged more than eight-fold in 2024, the cloud provider disclosed on Monday in its U.S. initial public offering paperwork, as the startup presses ahead with the first major artificial intelligence listing in New York this year.

CoreWeave, headquartered in Roseland, New Jersey, will sell shares in the planned sale, as will certain current stockholders. Reuters reported that the corporation is expected to aim to raise over $3

The AI infrastructure provider is eyeing a $35 billion valuation after transforming its crypto mining business six years ago.