4 - CoreWeave, Inc. (0001769628) (Issuer)

4 - CoreWeave, Inc. (0001769628) (Issuer)

BofA Securities downgraded CoreWeave from Buy to Neutral and set a new price target of $185.00

Arete initiated coverage of CoreWeave with a rating of Neutral and set a new price target of $130.00

Barclays downgraded CoreWeave from Overweight to Equal Weight and set a new price target of $100.00

Citizens JMP initiated coverage of CoreWeave with a rating of Mkt Perform

DA Davidson downgraded CoreWeave from Neutral to Underperform and set a new price target of $36.00

Macquarie initiated coverage of CoreWeave with a rating of Neutral and set a new price target of $56.00

MoffettNathanson initiated coverage of CoreWeave with a rating of Neutral and set a new price target of $43.00

Deutsche Bank initiated coverage of CoreWeave with a rating of Hold and set a new price target of $45.00

Needham initiated coverage of CoreWeave with a rating of Buy and set a new price target of $55.00

Jefferies initiated coverage of CoreWeave with a rating of Buy and set a new price target of $51.00

LIVINGSTON, N.J., June 18, 2025 /PRNewswire/ -- CoreWeave (NASDAQ:CRWV), the AI Hyperscaler™, announced today at the Weights & Biases Fully Connected Conference, the launch of three new AI cloud software products and capabilities to help customers develop, deploy, and iterate AI faster. Today's rollout is the first software integration leveraging CoreWeave's cloud services to power Weights & Biases, the AI developer platform, following CoreWeave's acquisition of Weights & Biases in May 2025. The new products and capabilities provide leading AI labs, AI engineers, and AI developers a robust AI platform to train models, perform inference at scale and efficiently, and monitor production AI appl

Submission with nearly 2,500 NVIDIA GB200 GPUs achieved breakthrough results on most complex benchmarking model LIVINGSTON, N.J., June 4, 2025 /PRNewswire/ -- CoreWeave (NASDAQ:CRWV), in collaboration with NVIDIA and IBM, delivered the largest-ever MLPerf® Training v5.0 submission on NVIDIA Blackwell, using 2,496 NVIDIA Blackwell GPUs running on CoreWeave's AI-optimized cloud platform. This submission is the largest NVIDIA GB200 NVL72 cluster ever benchmarked under MLPerf, 34x larger than the only other submission from a cloud provider highlighting the large scale and readiness of CoreWeave's cloud platform for today's demanding AI workloads. The submission achieved a breakthrough result on

LIVINGSTON, N.J., June 4, 2025 /PRNewswire/ -- CoreWeave, Inc. (NASDAQ:CRWV), the AI Hyperscaler™, today announced the appointment of Ernie Rogers as Chief Architect of Strategic Financing. Rogers brings decades of expertise in financial strategy and operational leadership.  Rogers most recently served as Magnetar's Chief Operating Officer ("COO"), where he led the firm's operations and finances, including managing a diverse array of both back-office and select front-office teams. His leadership helped foster innovation and efficiency across Magnetar's platform. "Ernie has bee

LIVINGSTON, N.J., May 28, 2025 /PRNewswire/ -- CoreWeave, Inc. (Nasdaq: CRWV) ("CoreWeave") announced that it has closed its previously announced private offering of $2,000 million aggregate principal amount of 9.250% senior notes due 2030 (the "Notes") on May 27, 2025. The Notes have a maturity date of June 1, 2030. The Notes are guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary of CoreWeave. CoreWeave intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes.

Holshouser brings two decades of government and public affairs experience, including policy leadership positions at TechNet and Visa LIVINGSTON, N.J., May 27, 2025  /PRNewswire/ -- CoreWeave (NASDAQ:CRWV), the AI Hyperscaler™, today announced it has appointed Carl Holshouser as Vice President, Government Affairs. Holshouser was most recently Executive Vice President and Head of Federal Policy and Government Relations at TechNet, the national, bipartisan network of tech executives. With two decades of policy experience in technology, financial services, and on Capitol Hill, Holshouser has led enterprise-level advocacy campaigns, mobilizing stakeholders, shaping complex regulatory environment

LIVINGSTON, N.J., May 21, 2025 /PRNewswire/ -- CoreWeave, Inc. (NASDAQ:CRWV) ("CoreWeave") announced today that it priced a private offering of $2,000 million aggregate principal amount of 9.250% senior notes due 2030 (the "Notes"), which represents a $500 million increase from the previously announced size of the offering. The Notes will have a maturity date of June 1, 2030. The closing of the offering of the Notes is expected to occur on May 27, 2025, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary of CoreWeave. CoreWeave intends to use the proceeds from the offe

LIVINGSTON, N.J., May 19, 2025  /PRNewswire/ -- CoreWeave, Inc. (NASDAQ:CRWV) ("CoreWeave") announced today that it intends, subject to market and other customary conditions, to offer $1,500 million aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering. The Notes will be guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary of CoreWeave. CoreWeave intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes. The Notes and related guara

Growth Driven by Accelerating Demand for CoreWeave's Purpose-built AI Platform LIVINGSTON, N.J., May 14, 2025 /PRNewswire/ -- CoreWeave, Inc. (NASDAQ:CRWV), the AI Hyperscaler™, today reported financial results for the first quarter ended March 31, 2025. "We've delivered an outstanding start to 2025 on multiple fronts. Our strong first quarter financial performance caps a string of milestones including our IPO, our major strategic deal with OpenAI as well as other customer wins, our acquisition of Weights & Biases and many technical achievements," said Michael Intrator, CoreWe

New supercomputer to provide EU with thousands of NVIDIA Hopper GPUs to develop and deploy next-generation AI models and agents. BARCELONA, Spain, May 13, 2025 /PRNewswire/ -- CoreWeave Inc, (Nasdaq: CRWV) today announced it is partnering with MERLIN Edged to host one of the first large-scale NVIDIA Hopper training and inference supercomputers in Spain at a new ultra-efficient data center in Barcelona, which was inaugurated on 13th May by the Mayor of Barcelona, Jaume Collboni, accompanied by Albert Tort, Secretary of Telecommunications and Digital Transformation of the Government at Generalitat de Catalunya. The 15MW site will host 10,224 NVIDIA H200 Tensor Core GPUs with InfiniBand connec

The expansion includes an $850 million increase to the revolving credit facility LIVINGSTON, N.J., May 6, 2025 /PRNewswire/ -- CoreWeave, Inc. (NASDAQ:CRWV), the AI Hyperscaler™, today announced that it entered into an agreement with JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley and MUFG, with participation from Credit Agricole, Deutsche Bank, Societe Generale, Sumitomo Mitsui Banking Corporation and Wells Fargo, to, among other things, increase the company's revolving credit facility from $650 million to $1.5 billion and extend the maturity date. The proceeds from this agreement will enhance the company's financial flexibility and enable it to continue growing its leading AI cloud infr