03:03 PM EST, 11/05/2024 (MT Newswires) -- CoreWeave picked Morgan Stanley ( MS ) , Goldman Sachs ( GS ) , and JPMorgan Chase ( JPM ) to lead an initial public offering scheduled for next year, Bloomberg reported Monday, citing people familiar with the matter.

The cloud-computing provider may add more banks to IPO, the report said.

CoreWeave last month closed a $650 million credit facility led by JPMorgan ( JPM ), Goldman Sachs ( GS ) and Morgan Stanley ( MS ), the report said.

CoreWeave, Morgan Stanley ( MS ) and JPMorgan ( JPM ) declined to comment, and Goldman Sachs ( GS ) didn't immediately respond to requests for comment, Bloomberg said.

The four companies didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 117.44, Change: +1.30, Percent Change: +1.12