Reported about 6 hours ago
CoreWeave, an AI startup backed by Nvidia, plans to set its initial public offering (IPO) share price between $47 and $55, potentially raising $2.3 billion to $2.7 billion. The company, founded in 2017, reported significant revenue growth but also a widening net loss in its recent filing. Major underwriters for the IPO include Morgan Stanley, JPMorgan Chase, and Goldman Sachs, with shares expected to trade on Nasdaq under the symbol CRWV.
Source: YAHOO