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 ...

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 ...

CoreWeave shares rallied more than 18% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets.

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 ...

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 IPO roadshow received a weaker-than-expected ... particularly as GPU scaling slows. CoreWeave’s market debut was widely regarded as a test of investor confidence in AI-focused ...

CoreWeave's IPO at ... company to back up from external deals (CoreWeave) before internal assets / GPUs. We're unsure of alternative customers CoreWeave could find to make up the scale if a ...

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 ...

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.

CoreWeave CRWV is set to make its ... intelligence needed to manage complex AI infrastructure at scale," the company wrote in its IPO filing. The company gets most of its revenue from multi ...

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.