CoreWeave (CRWV) priced 37.5M shares at $40.00, below the $47.00-$55.00 target range. The deal size was reduced to 37.5M shares from 49M. Morgan Stanley, JPMorgan and Goldman Sachs are acting as joint book running managers for the offering. CoreWeave is an artificial intelligence startup backed by Nvidia (NVDA) that provides Microsoft (MSFT) and other clients with computing capacity from data centers.
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