CoreWeave Adjusts IPO Expectations, Lands $1.5B Instead of $4B Goal

TL;DR IPO Revision: CoreWeave reduced its IPO target from $4B to $1. 5B, lowering its valuation from $35B to around $23B amid market turbulence. Offering Downsized: The firm cut its share offering to 37. 5M at $40 each (down from 49M at $47–$55), reflecting tempered investor enthusiasm over an AI bubble. Strong Backing: Despite challenges, Nvidia’s $250M. . . source: https://crypto-economy.com/coreweave-adjusts-ipo-expectations-lands-1-5b-instead-of-4b-goal/