(Reuters) – CoreWeave’s shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis. (Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)
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Nvidia-backed CoreWeave’s shares open nearly 3% lower in market debut
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(Reuters) – CoreWeave’s shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday.
The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis.
(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)