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Nvidia-Backed CoreWeave Eyes $35 Billion IPO Amid AI Boom

CoreWeave, a cloud computing company specializing in AI infrastructure, is preparing for a major IPO on Nasdaq under the ticker “CRWV.” The Nvidia-backed firm aims to raise up to $2.7 billion, setting a valuation exceeding $35 billion, making it one of the biggest tech listings in recent years.

Key Facts

  • 49 million shares priced between $47 and $55 each.
  • Revenue skyrocketed from $229M in 2023 to $1.9B in 2024, though net losses also climbed to $863M.
  • IPO led by Morgan Stanley, JP Morgan, and Goldman Sachs.
  • $11.9B deal with OpenAI, including a $350M private investment from OpenAI.
  • AI infrastructure powered by 300,000 Nvidia GPUs, supporting Meta, IBM, and Microsoft.

The Nvidia Partnership

Nvidia’s strategic backing has been crucial in CoreWeave’s rise. The firm secured $2.3B in debt financing using Nvidia GPUs as collateral and is integrating Nvidia’s latest GB200 NVL72 cloud instances, offering cutting-edge AI processing capabilities.

Market Impact

CoreWeave’s IPO could revive the tech IPO market and signal a strong investor appetite for AI-driven companies. However, economic uncertainty and shifts in AI infrastructure strategies—especially from major clients like Microsoft—add complexity to the landscape.As the AI boom continues, CoreWeave is positioning itself as a key player in next-gen cloud computing, directly competing with Amazon and Google.

Robust Property Sales Surge In Cyprus Reflect Market Resilience

Strong Start To 2026 In Cyprus Real Estate

Property sales in Cyprus have recorded a significant double‐digit increase as the new year unfolds, with transactions rising by 11 percent in January compared to the same period last year. According to data from the Department of Lands and Surveys, the market evidenced robust momentum at the start of 2026.

Consistent Growth Across Key Districts

The overall number of properties sold reached 1,411 in January this year, up from 1,275 in January 2025. This follows a 24 percent year-on-year increase recorded in December 2025 and a 9 percent rise in November. Notably, Paphos emerged as the leading region, registering a 25 percent surge with 318 transactions compared to 255 the previous year.

Regional Trends And Market Dynamics

The free Famagusta area also demonstrated strong performance, with sales increasing by 23 percent to 69 properties from 56 in January 2025. Meanwhile, Larnaca experienced a steady upward trend, with transactions rising by 11 percent to 288 units from 259. In contrast, Nicosia saw a more modest growth of 5 percent, moving from 276 to 291 transactions. Limassol, maintaining its status as the district with the highest number of sales nationwide, observed a mild increase of 4 percent, with a total of 445 properties sold compared to 429 a year earlier.

Historical Context And Future Outlook

The current monthly performance builds on the remarkable trends of 2025, a year that saw property sales reach their highest levels since 2007. Annual sales totaled 18,114 units in 2025, an increase of 15 percent from 15,797 in 2024. This sustained upgrade across the board underscores the resilience and dynamism of the Cyprus property market as it navigates both domestic and global pressures.

As investors and stakeholders continue to eye Cyprus as an attractive destination, these figures not only reflect a recovering market but also point to a deeper, evolving confidence in the region’s real estate potential.

eCredo
Uol
Aretilaw firm
The Future Forbes Realty Global Properties

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