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CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin.

CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion. Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements […] © 2024 TechCrunch. All rights reserved. For personal use only.



CoreWeave is pricing its IPO with the aim of raising between $2.2 billion and $2.6 billion, selling shares between $47 and $55. The company had hoped to raise over $3 billion. Since filing to go public, CoreWeave signed a $12 billion customer agreement with OpenAI and appointed Meg Whitman to its board.

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