CoreWeave, a cloud-computing provider that’s one of the hottest startups in artificial intelligence, filed for an initial public offering disclosing rapidly growing revenue.

CoreWeave, headquartered in Roseland, New Jersey, will sell shares in the planned sale, as will certain current stockholders. Reuters reported that the corporation is expected to aim to raise over $3

Through its cloud infrastructure, enterprise customers including Meta Platforms Inc. can obtain on-demand access to some of Nvidia’s most powerful GPUs, including its H100 and H200 chips, which are designed to provide accelerated computing power for large language models and other AI workloads.