Is CoreWeave’s Debut an Ill Omen for I.P.O.s?

Is CoreWeave’s Debut an Ill Omen for I.P.O.s?

The canary in the coal mine CoreWeave just pulled off the first big initial public offering this year — and the results were far from heartening. The company, which rents computing power to the artificial intelligence industry, shrank its I.P.O. far below initial expectations before Friday’s anticipated trading debut. That’s …

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