What to know:
- The cloud computing firm is planning to raise around $4 billion at a valuation of over $35 billion. Just another Tuesday, right?
- CoreWeave and Core Scientific planned a $1.2 billion data centre expansion in Texas. What are they building? A new football stadium?!
So here we are, CoreWeave, the artificial intelligence wizards, are itching to file their public listing in the U.S. in about a week. That’s right, folks! Buckle up! 🚀
They think they can conjure up $4 billion from this listing. Sure, why not! Forget about rent, let’s just go for broke! The valuation they’re targeting is over $35 billion. Just regular old numbers, doesn’t sound suspicious at all. CoreWeave wasn’t available for comment—shocking! 🤔
And just when you thought it couldn’t get more ridiculous, enter Core Scientific and CoreWeave announcing their grand $1.2 billion data center expansion in Texas. Are they setting up to mine a new gold rush? 🤑
Oh, and don’t forget, CoreWeave’s IPO plan is just the cherry on top of the ridiculous cake that is the U.S. listings by all these crypto-related wannabes: Blockchain.com, BitGo, Gemini, eToro… what a line-up we’re witnessing!
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2025-02-27 08:55