CoreWeave’s IPO Marks a Milestone for New Jersey’s AI Ecosystem
American Entrepreneurship
MARCH 30, 2025
Despite the IPOs scale, investor enthusiasm was tempered by concerns over CoreWeaves financial sustainability. Microsoft alone accounted for over 60% of CoreWeaves 2024 revenue, raising questions about customer concentration risk. The company reported $1.92 The NJ AI Hub adds another layer to CoreWeaves deepening roots in the state.
Let's personalize your content