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All eyes are on CoreWeave (CRWV) on Friday, March 28 after the Nvidia (NVDA)-backed artificial intelligence startup priced its initial public offering (IPO) at $40 per share.
CoreWeave had originally planned on selling shares for at least $47. However, its downsized IPO that raised a total of $1.5 billion is still the largest tech offering in the U.S. since 2021.