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CoreWeave Appoints New CMO Ahead of $26 Billion IPO
Generated by AI AgentMarket Intel
Monday, Mar 24, 2025 12:01 pm ET1min read
CoreWeave, a leading cloud computing startup supported by
, has announced the appointment of Jean English as its new Chief Marketing Officer. English, who previously served as the Chief Marketing Officer at , will report directly to Michael Intrator, CoreWeave's Chief Executive Officer. This strategic hire comes as CoreWeave gears up for its initial public offering (IPO) on the Nasdaq, with an estimated valuation target of $26 billion.CoreWeave has been actively making waves in the AI infrastructure sector. Recently, the company secured a five-year strategic agreement with OpenAI, committing to provide $11.9 billion worth of high-performance computing resources to support OpenAI's AI development needs. Additionally, CoreWeave has agreed to issue $350 million in equity to ChatGPT's developer through a private placement during its IPO.
In addition to the new Chief Marketing Officer, CoreWeave has been accelerating its management team upgrades. This year, the company has brought on board key talents such as Chief Information Security Officer Jim Higgins and Chief Information Officer Sandy Venugopal. These strategic hires are aimed at strengthening CoreWeave's position as it prepares for its IPO.
Intrator emphasized in the appointment announcement that English's extensive experience in marketing for tech giants will significantly enhance CoreWeave's market influence and brand recognition. "At this critical juncture in our IPO journey, Jean's expertise will be instrumental in transitioning CoreWeave from a specialized computing service provider to a widely recognized brand," Intrator stated.
According to insiders, CoreWeave's prospectus has been updated, and the company is expected to officially list on the Nasdaq on March 28. This highly anticipated IPO, which carries the promise of an AI computing revolution, has garnered intense global capital attention. The addition of Jean English to the management team is seen as a strategic move to bolster CoreWeave's market presence and prepare for its public debut.
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