Shares of CoreWeave Inc. fell more than 5% in their ... several analysts have noted that Microsoft appears to be scaling back on its data center investment plans. And last month, Amazon Web ...

The CEO of CoreWeave called the company's IPO an "unbelievable, overwhelming victory" despite selling fewer shares than originally intended at a lower price than hoped. Why it matters: The offering ...

Shares of CoreWeave ... IPO? I am unbelievably excited about what we've accomplished and it's just so incredible for the company. It's incredible for our ability to continue to execute and scale ...

The long-awaited IPO traded hands early ... in the week that they were scaling back demand for data center growth. In 2023, Microsoft accounted for 35% of CoreWeave’s revenue.

To those financiers, CoreWeave represents the "picks and shovels of the AI universe," making this IPO a bellwether for ... interest in dramatically scaling back its value. It's now cutting its ...

CoreWeave is planning to downsize its IPO and cut the share price, people familiar with the matter said, a bad sign for a listing seen as a test of whether AI startups are ready for the public ...

Unlike many of the unprofitable companies that went public during the booming IPO market of 2020-2021, CoreWeave is efficiently scaling its ... leases that system back out to its end customers.

Nvidia, a major supplier and customer, stepped in to buy shares at $40 in a scaled-back offering ... to customers at the scale that they need," Sam Altman, OpenAI's CEO, said in a recording that ...

CoreWeave's stock popped nearly 42% on Tuesday, bouncing back above its initial public offering ... Friday in the biggest venture-backed tech IPO for a U.S. company since 2021.

Meanwhile, CoreWeave’s syndicate of 14 IPO advisers had reportedly been aiming for approximately 15 times forward EBIT. So even if recent speculation proves accurate that the price range has moved ...

And CoreWeave certainly didn’t have the IPO it had initially hoped for ... But due to lackluster investor interest, it wound up scaling that back to a $1.5 billion equity offering that valued ...