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CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company ...
A look at the key highlights from CoreWeave's IPO filing and what the company sees as its next growth strategies.
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
CoreWeave's Nasdaq debut saw shares fall below their IPO price, raising market concerns. CoreWeave is the first US pure-play AI public offering, relying heavily on Nvidia GPUs. The IPO tests the ...
CoreWeave priced its initial public offering far lower than it originally expected, in a disappointing development for Nvidia ...
Wall Street was optimistic that President Trump term would be more favorable for technology stocks, but the sector has gotten off to a rough start to the year.
According to news agency Reuters, it may also offer hope to other IPO candidates that smooth listings are achievable with tempered valuations, even as equity markets are already grappling with ...
Rapid AI advancements may reduce the useful life of CoreWeave's Hopper-based Nvidia GPUs. CoreWeave has a lot of Hopper-based GPUs, which are becoming outdated due to the Blackwell rollout.
If not for Nvidia, there would be no CoreWeave IPO. The artificial intelligence infrastructure startup might still be ...
CoreWeave sells access to Nvidia graphics processors as a service, allowing developers to rent chips by the hour so they can develop more advanced AI models.
According to news agency Reuters, AI chip giant Nvidia contributed a $250-million order as part of CoreWeave's IPO, which raised $1.5 billion. Despite the downsize, the IPO was the world's largest ...
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