Welcome to our dedicated page for CoreWeave news (Ticker: CRWV), a resource for investors and traders seeking the latest updates and insights on CoreWeave stock.
CoreWeave, Inc. provides AI cloud infrastructure for compute-intensive training and inference workloads. Company news centers on GPU capacity, cloud platform performance, independent inference benchmarks, customer commitments, and product capabilities such as CoreWeave SUNK for deploying AI clusters across CoreWeave and multi-cloud environments.
Coverage also includes quarterly results, revenue backlog, capital-structure actions, private placements, senior notes offerings, and shareholder voting matters. Established in 2017 and listed on Nasdaq in March 2025, CoreWeave serves AI labs, startups, enterprises, and other customers building large-scale AI applications.
CoreWeave (NASDAQ: CRWV) has completed its acquisition of Weights & Biases, creating a leading AI Cloud Platform designed to accelerate AI development and deployment. The strategic combination enhances CoreWeave's capabilities to support AI innovation with increased scale and performance, building on their recent IPO momentum.
The merged entity will maintain Weights & Biases' commitment to platform interoperability, allowing customers flexibility in choosing deployment options, infrastructure providers, and AI models. The acquisition aims to accelerate investment in the Weights & Biases platform while combining hardware and software layers of the AI tech stack to unlock new features.
Financial advisors for the deal included Evercore and Morgan Stanley for CoreWeave, and Qatalyst Partners for Weights & Biases.
CoreWeave (Nasdaq: CRWV), the AI Hyperscaler™, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 14, 2025, after market close. The company will hold an earnings conference call at 2:00 pm Pacific Time / 5:00 pm Eastern Time on the same day.
Investors can access the live webcast of the earnings call through CoreWeave's Investor Relations website at investors.coreweave.com, where a replay will also be available following the event.
CoreWeave, the AI Hyperscaler™, has announced the pricing of its Initial Public Offering (IPO) at $40.00 per share. The offering comprises 37,500,000 shares of Class A common stock, with 36,590,000 shares offered by CoreWeave and 910,000 shares by existing stockholders.
Trading is set to commence on March 28, 2025, on the Nasdaq Global Select Market under the ticker symbol 'CRWV'. The offering is expected to close on March 31, 2025. CoreWeave has granted underwriters a 30-day option to purchase up to an additional 5,625,000 shares.
The IPO is led by joint bookrunners Morgan Stanley, J.P. Morgan, and Goldman Sachs, with several other prominent financial institutions serving as joint bookrunners and co-managers.