IPO, CoreWeave and NASDAQ Stock Market
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NBC New York |
CoreWeave priced its IPO well below the expected range on Thursday, and initial trading in the stock on Friday showed investors have concerns.
Gizmodo |
GPUs are coming down in price, and AI is becoming more efficient just as CoreWeave goes public.
Business Insider |
The company's financial future is dependent on two unknowns — that the use and usefulness of AI will grow immensely, and that those workloads will continue to run on Nvidia GPUs.
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The IPO market is starting to defrost in 2025 after several years of sluggish activity. Lower inflation, interest rate cuts, and a return to dealmaking (like Google's $32B purchase of Wiz) are encouraging companies to return to the public markets.
When it rains, it pours. March has been one of the busiest months in a while for tech companies filing to go public, so we’ve overhauled our IPO Tracker to help you keep track of the sudden burst of activity.
DefenseScoop.com reported that, in total, Anduril defeated nine other companies to win the I-CsUAS contract. Among those rivals was Israel's Rafael Advanced Defense Systems, maker of the Israeli Iron Dome missile defense system.
CoreWeave’s IPO priced lower than expected, at $40 per share, raising $1.5B and valuing it at $19B
CoreWeave's IPO priced lower than expected, at $40 per share, raising $1.5B and valuing it at $19B - SiliconANGLE
Promising IPO pipeline with e-commerce and EV companies leading, despite bearish sentiment and geopolitical challenges in the market.
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
Just over two years into the generative AI boom, CoreWeave is the first startup in the space to test the IPO market.
Nvidia contributed a $250-million order as part of CoreWeave's IPO, which raised $1.5 billion, Reuters reported on Thursday. Despite the downsize, the IPO was the largest AI-related listing by amount raised according to Dealogic, which has compiled data as far back as 1995.
CoreWeave, the cloud services startup backed by Nvidia, is finding that financial-market reality can be a lot harsher than the theoretical data its AI-powered systems analyze, train and deploy. Hyped as the hottest IPO of the year,
Cuckoo International's public offering comes at a time when market conditions are proving optimistic for investors. According to the company’s prospectus released on March 26, the issue of new shares at an indicative price of RM1.