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CoreWeave to cut size and value of IPO and add Nvidia as anchor investor

Financial Times LogoFinancial Times4d ago

CoreWeave to cut size and value of IPO and add Nvidia as anchor investor - Financial Times

Quick Summary:

New Jersey-based cloud computing provider will seek $1.

Fintech start-ups Klarna and Chime, retail trading platform eToro and ticketing group StubHub have also filed for IPOs and are expected to list in the next two months.

CoreWeave was last valued at $23bn in its most recent private market valuation in October 2024.

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CoreWeave to cut size and value of IPO and add Nvidia as anchor investor - Financial Times (Picture 1)

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Article Details

Author / Journalist: George Steer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 15:10:39 (4 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27370723

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 12 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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  • News ID: #27370723
  • URL: https://beamstart.com/news/coreweave-to-cut-size-and-17430885851003

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