CoreWeave ( CRWV) is an AI cloud computing company that delivered multibagger gains post-IPO. Soaring AI demand and spending on computing and data centers allowed it to land significant contracts and gain steam, though the momentum has come to an end and reversed.

CoreWeave (CRWV) is in a hypergrowth phase, thanks to the significant demand for its artificial intelligence (AI) cloud services. The company runs a network of purpose-built data centers across the U.

CoreWeave (CRWV) shares cratered today as investors prepared for the end of the AI data center firm’s IPO lock-up period. Indeed, with the lock-up now over, early investors and insiders will be allowed to sell their shares,