Update: Confirms pricing; adds additional IPO details. CoreWeave (CRWV) set its initial public offering price at $40, less than its earlier estimate, selling 37.5M shares for $1.5B, on Thursday night.

CoreWeave shares rallied nearly 42% on Tuesday and bounced back from a lackluster second trading day on the public markets.

Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements are always a bit of a game. The announced range is often lower ...

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

Nvidia (NVDA) owns 17,932,460 Class A shares of CoreWeave (CRWV), representing 3.8% of the total shares outstanding. At the IPO price of $40 a share, Nvidia's stake would be valued at $717.3 million.

I’ve often complained that much of the AI-driven stock price bump enjoyed by big tech companies has come despite the absence of any real data on how this new business is truly performing.

CoreWeave CEO Mike Intrator said Friday that the company's IPO pricing, which came in below expectations, has to be placed in the larger context of the macroenvironment. "There's a lot of ...

Nvidia NVDA owns 17,932,460 Class A shares of CoreWeave CRWV, representing 3.8% of the total shares outstanding. At the IPO price of $40 a share, Nvidia’s stake would be valued at $717.3 million.