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0 sats \ 1 reply \ @Bell_curve OP 20h \ parent \ on: ask SN: Investing in A.I. Stacker_Stocks
I asked chatGPT...
CoreWeave, a cloud computing company specializing in AI infrastructure, is preparing for its initial public offering (IPO) in 2025. The company has filed its Form S-1 with the Securities and Exchange Commission (SEC) in March 2025, aiming to list on Nasdaq under the ticker symbol "CRWV."
In a significant development ahead of its IPO, CoreWeave secured a five-year, $11.9 billion cloud computing contract with OpenAI. As part of this agreement, OpenAI will invest $350 million in CoreWeave shares during the IPO through a private placement.
For the fiscal year 2024, CoreWeave reported revenues of $1.9 billion, marking substantial growth from previous years. However, the company also reported a net loss of $863.4 million during the same period.
lol I checked with Grok: https://grok.com/share/bGVnYWN5_3104cccc-fbcc-43f9-aba8-1bc515cc1147
Not seeing anything that tickles my fancy but might be a nice trade if you can catch the knife after lock-up
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