The Firm Coreweave centered on artificial intelligence raised $ 1.5 billion for its initial public offer (OPI), valuing the company by approximately $ 23 billion, Bloomberg reported Thursday night, confirming previous reports that its OPI had reduced.
The cloud supplier sold 37.5 million shares at $ 40 each. Initially he had planned to sell 49 million shares at $ 47 to $ 55 each, but a weaker stock market of what was expected raised difficulties for the company.
Initially, the company sought to raise $ 4 billion at an assessment of $ 35 billion, informing $ 1.9 billion in revenues last year, but we still see a net loss of almost $ 900 million.
AI Powerhouse Nvidia, an investor in Coreweave, is anchoring the opi with a request of $ 250 million, Bloomberg reported, citing a person familiar with the matter.
Coreweave is closely linked to Bitcoin Mine Croescientific, which reached a multimillionaire agreement with the company based in New Jersey to expand its artificial intelligence capabilities.
The price of NVIDIA shares has dropped 12% since the beginning of the year, the information reported Thursday night, reflecting a broader weakness in AI -centered companies.
Update (March 28, 2025, 00:20 UTC): Add additional details.
