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In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire

CoreWeave co-founder and CEO Michael Intrator’s net worth has skyrocketed to about $10 billion in the three months since the AI firm went public, Bloomberg reports. His company’s debut was both the biggest tech IPO so far of 2025 –  raising $1.5 billion –  and also somewhat of a clunker: its founders had reportedly hoped … Read more

CoreWeave co-founder explains how a closet of crypto-mining GPUs led to a $1.5B IPO

CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a … Read more

Arkansas Cryptomining Association Sues State Officials Over Alleged Discriminatory Mining Ban

The Arkansas Cryptomining Association has filed a lawsuit against two state officials, accusing them of enforcing an unconstitutional regulation that prohibits foreign-born American citizens from participating in cryptocurrency mining. The case, which raises concerns over discrimination and economic rights, could have significant implications for the state’s crypto industry. The lawsuit, filed in an Arkansas district … Read more

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