AI platform CoreWeave targets over $35b valuation in US IPO next year: report

AI platform CoreWeave targets over $35b valuation in US IPO next year: report

FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday.

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