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.

Corporate insiders will soon be able to unload shares, which could cause some selling pressure but also ultimately reduce volatility by increasing the stock’s float.