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.
Less than a week after its IPO, CoreWeave is already a polarizing stock. The co-founder explains what investors may be ...
CoreWeave co-founder Brian Venturo knows that three hedge fund guys, turned crypto miners, now running AI training ...
CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking ...
Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from ...
CoreWeave, the AI Hyperscaler™, today announced its MLPerf v5.0 results, setting a new industry benchmark in AI inference with NVIDIA GB200 Grace Blackwell Superchips. Using a CoreWeave instance with ...
The cloud computing company’s cofounder Brannin McBee spoke to Forbes about the “important milestone” as shares started ...
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 ...
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above ...
CoreWeave in recent years found itself in something of an enviable position. Starting out in 2017, it bought GPUs to supply ...
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