CoreWeave stock rips higher after muted IPO
CoreWeave priced its initial public offering (IPO) at $40 a share in March. The company initially expected to sell shares in the range of $47 to $55, but concerns about the pace of AI spending and CoreWeave's business model caused it to downsize the offering. Nvidia ( NVDA) — an early CoreWeave investor — reportedly anchored the IPO at $40.
One analyst says investors seem to be taking issue with CoreWeave specifically, which he views as “nothing more than a highly ...
Investors may now be focusing more on a critical deal that CoreWeave announced prior to its IPO. The newly public company has an $11.9 billion contract with OpenAI to deliver AI infrastructure to ...
CoreWeave's explosive growth driven by AI contracts, robust economics, and IPO proceeds. Read here for our bullish thesis on ...
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the ...
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for ...
CoreWeave shares may continue on this roller coaster. It is a very fast-growing company, and if investors believe that demand ...
Some big AI news popped last week, as the AI cloud infrastructure firm CoreWeave (NASDAQ:CRWV) IPO’d – to significant fanfare.Don't Miss Our ...
Tech biggie Alphabet’s Google is set to rent chipmaker Nvidia servers from the recently listed CoreWeave . The news was first reported by The Information, citing people familiar ...
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