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CoreWeave Raises $1.5 Billion with $40 Per Share IPO Debut

TheNewsCrypto LogoTheNewsCrypto3d ago

CoreWeave Raises $1.5 Billion with $40 Per Share IPO Debut - TheNewsCrypto

Quick Summary:

CoreWeave, an artificial intelligence cloud infrastructure company, has successfully completed its initial public offering (IPO).

The IPO was initiated with a scaled-down approach, raising $1.5 billion at a $23 billion valuation.  The company released 37.5 million shares with each share valued at $40.

In 2024, its revenue spiked 737% on a year-over-year basis.

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CoreWeave Raises $1.5 Billion with $40 Per Share IPO Debut - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 11:01:08 (3 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 252 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 27384938

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 2 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 20 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "CoreWeave Raises $1.5 Billion with $40 Per Share IPO Debut" has 252 words across 23 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "CoreWeave Raises $1.5 Billion with $40 Per Share IPO Debut" was covered 3 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 2 news stories per day.

It's most recent story was published 20 hours ago.

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  • News ID: #27384938
  • URL: https://chronographically.beamstart.com/news/coreweave-raises-15-billion-with-17431718203431

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