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

by THEFUTURE.TEAM

March 21, 2025

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.

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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.

The Future Forbes Realty Global Properties

Cyprus Tax-To-GDP Ratio Rises To 36.3% In 2025

by THEFUTURE.TEAM

October 30, 2026

Cyprus’ tax-to-GDP ratio edged up to 36.3% in 2025, from 36% in 2024, remaining below the European Union and euro area averages, according to Eurostat.

Across the EU, the ratio rose to 40.7% from 40.2%, while the euro area average increased to 41.3% from 40.7%.

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EU Tax Revenues Reach €7.68 Trillion

The tax-to-GDP ratio measures revenue from taxes and net social contributions as a share of gross domestic product. It provides an indication of public revenue relative to the size of an economy, although national tax systems and social contribution rules vary.

EU governments collected €7.68 trillion in taxes and social contributions in 2025, an increase of €401 billion compared with the previous year.

France Records Highest Ratio

France had the EU’s highest tax-to-GDP ratio at 46%, followed by Belgium at 44.7%, Denmark at 44.3% and Austria at 43.9%.

At the other end of the scale, Ireland recorded the lowest ratio at 22.7%. Romania followed at 29.3%, Malta at 30.3% and Bulgaria at 30.6%.

Ratios Increase In 19 Member States

The tax-to-GDP ratio rose in 19 EU countries in 2025. Germany recorded the largest increase, climbing from 40.3% to 41.4%. Malta’s ratio rose from 29.3% to 30.3%, while Spain’s increased from 37.2% to 38.1%.

Eight member states recorded declines. Sweden saw the largest fall, from 41.8% to 41.2%, followed by Latvia, where the ratio dropped from 34.9% to 34.2%.

Cyprus’ 0.3-percentage-point increase was more modest than some of the changes elsewhere in the bloc. Its ratio nevertheless rose alongside the EU and euro area averages, reflecting a broader increase in tax and social contribution revenue relative to economic output.

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