CoreWeave raises $1.5B in the largest US tech IPO since 2021 at a $23B valuation

The AI data-center and GPU-cloud company listed on Nasdaq in March 2025, raising $1.5 billion at a $23 billion valuation, the biggest US tech IPO in four years and the first pure-play AI infrastructure listing of the boom. (Per the Stanford AI Index 2026 timeline.)