Less than a week after its IPO, CoreWeave is already a polarizing stock. The co-founder explains what investors may be missing.

CoreWeave's explosive growth driven by AI contracts, robust economics, and IPO proceeds. Read here for our bullish thesis on CRWV stock.

CoreWeave is one of a new breed of cloud providers that focuses on GPU-based server infrastructure and services to support the development and training of AI models. It claims to have more than 250,000 GPUs online, spread across 32 datacenters, mostly located in the US.

CoreWeave reduced the size of its US initial public offering (IPO) and priced its shares below the indicated range, signaling a cautious investor sentiment despite the AI boom. The Nvidia-backed company now plans to sell 37.

CoreWeave's IPO priced lower than expected, at $40 per share, raising $1.5B and valuing it at $19B - SiliconANGLE

A cloud computing provider specializing in GPU-accelerated AI infrastructure, CoreWeave saw tepid demand for its highly publicized IPO underscoring the notion that timing is critical in the IPO market. But the broader message has implications for AI giants like Microsoft and NVIDIA.

The cloud computing company will likely seek a valuation closer to the $23 billion valuation it had in the private market a year ago than the roughly $30 billion it had originally targeted, people familiar with the matter said.

AI cloud firm CoreWeave's first day on public markets was a dud, but experts warn against drawing conclusion about the health of the AI and data center sectors.

And CoreWeave certainly didn’t have the IPO it had initially hoped for ... But due to lackluster investor interest, it wound up scaling that back to a $1.5 billion equity offering that valued ...