CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024.Carlos Rodrigues | Sportsfile | Web Summit | Getty ImagesCoreWeave on Thursday said it priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021.The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, had planned to sell shares for between $47 and $55 each. At the top end...
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