CoreWeave, a cloud computing firm backed by Nvidia, is gearing up for a potential $4 billion IPO, with its founders having already netted $488 million prior to the offering. The company has filed for an IPO on the Nasdaq and reported significant revenue growth, totaling $1.9 billion, which marks a 737% increase. To bolster its position, CoreWeave is in discussions to acquire the AI developer platform Weights & Biases for approximately $1.7 billion. This strategic move comes as CoreWeave aims to capitalize on the explosive growth in AI and cloud services, with investments from major players like Microsoft playing a crucial role in its success. Despite its promising outlook, questions remain regarding the sustainability of its rapid growth, especially considering that over 50% of its revenue is reliant on a single customer.