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CoreWeave Completes $1.5 Billion IPO at $40 Per Share Valuation
- CoreWeave completes its IPO, raising $1.5 billion at a valuation of approximately $23 billion.
- The company downsized its offering from 49 million to 37.5 million shares amid a choppy stock market.
- Nvidia strengthens its stake in CoreWeave with a $250 million order in the offering.
- CoreWeave has deep ties to crypto through a partnership with bitcoin miner CoreScientific.
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