Flutterby™! : CRWV (CoreWeave) IPO

Next unread comment / Catchup all unread comments User Account Info | Logout | XML/Pilot/etc versions | Long version (with comments) | Weblog archives | Site Map | | Browse Topics

CRWV (CoreWeave) IPO

2025-03-28 18:43:47.712141+01 by Dan Lyke 0 comments

Last night: Nvidia-backed CoreWeave downsizes US IPO

This morning: CoreWeave Stock Opens at $39 After Disappointing IPO.

CoreWeave, a rapidly growing AI cloud company, priced its initial public offering at $40 a share on Thursday night, well below an expected range of $47 to $55.

Peter @peter@thepit.social observes:

AI is such an exciting technology that the first big IPO for the sector is a bust. like, if you spun off Google and Microsoft's AI businesses, they would immediately be stripped for parts and shut down because generative AI is not a profitable business.

[ related topics: Interactive Drama Humor Microsoft moron Graphics Artificial Intelligence Economics ]

comments in ascending chronological order (reverse):

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke
for the web publications at www.flutterby.com and www.flutterby.net.