CoreWeave is planning to downsize its IPO and cut the share price, people familiar with the matter said, a bad sign for a listing seen as a test of whether AI startups are ready for the public market… [+1048 chars]
Exclusive: CoreWeave plans to scale back ambitious IPO - Semafor
The cloud computing company will likely seek a valuation closer to the $23 billion valuation it had in the private market a year ago than the roughly $30 billion it had originally targeted, people familiar with the matter said.
By:Liz Hoffman
Source:Semafor.com
Published:
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