Exclusive-CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources say

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NEW YORK : 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. Roseland, New Jersey-based CoreWeave is likely to target raising more than $3 billion from its share sale, which could launch during the second quarter of 2025, the sources said, cautioning that the company's plans are subject to market conditions and could