This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave

There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with the potential to take on the top tech stocks in the market. However, one company right in the middle of the artificial intelligence (AI) revolution may be about to make its public debut. Not only is this stock growing at eye-popping levels, but it also counts Nvidia (NASDAQ: NVDA) as a big investor and Microsoft (NASDAQ: MSFT) as a huge customer.Here's what you need to know about CoreWeave ahead of its IPO.CoreWeave, which plans to list on the Nasdaq under the symbol CRWV, finds itself at the center of the AI revolution. However, the company didn't actually start out that way. In 2017, CoreWeave was founded by three executives at Hudson Ridge Asset Management, a natural-gas-focused hedge fund, with the original mission of mining cryptocurrencies.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool