CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.

CoreWeave shares rallied more than 10% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets.

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS/Brendan ...

CoreWeave will only receive the profits from the 36,590,000 it sells. That means CoreWeave potentially raised more than $1.46 billion in its IPO. At its $40 per share IPO price, CoreWeave has a fully ...

Artificial intelligence startup CoreWeave's shares were up 17% at $43.50 on their third day of trading on Tuesday, above their initial public offering price of $40. On Friday, the Nvidia-backed stock ...

CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company ...

CoreWeave priced its initial public offering far lower than it originally expected, in a disappointing development for Nvidia.

CoreWeave's IPO was underwhelming, but that doesn't reflect the company's fundamentals. Read more about CRWV stock here.

CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.

The recently IPO'd CoreWeave ( CRWV -4.32%) offered the latest reminder of the explosive growth in AI, and its recent revenue jump blew Nvidia's away. Admittedly, CoreWeave is much smaller than Nvidia ...

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CoreWeave in recent years found itself in something of an enviable position. Starting out in 2017, it bought GPUs to supply to the cryptocurrency mining industry, only to pivot to AI when that became ...