AI reality bytes Nvidia-backed CoreWeave IPO
The biggest IPO of the year isn't going well. It could get worse.
CoreWeave, the cloud services startup backed by Nvidia, is finding that financial-market reality shall be a lot harsher than the theoretical data its AI-powered techniques analyze, educate and deploy.
Hyped because the hottest IPO of the 12 months, the Livingston, N.J., community, which started its industrial lifestyles as a bitcoin miner in 2017, turned into before the entirety taking a look to steal spherical $4 billion from a Nasdaq itemizing that will payment it at spherical $35 billion.
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