CoreWeave completes IPO, raises $1.5 billion

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According to a report by CoinDesk from Foresight News, CoreWeave, a cloud services company focused on artificial intelligence, has completed its initial public offering (IPO), raising $1.5 billion at a price of $40 per share, with a valuation of approximately $23 billion. Nvidia subscribed to $250 million worth of shares in this IPO. Due to the sluggish stock market, the company reduced its IPO scale from the initially planned 49 million shares (priced at $47-55 per share) to 37.5 million shares.

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