Published on: 2025-06-10 08:05:03
Shares of Applied Digital rose 48% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia -backed CoreWeave climbed about 8% following the announcement. Applied Digital said it expects $7 billion in rental revenue during the approximately 15-year period. The price is set upfront, "including an annual escalator regardless of actual project costs," according to a presentation shared with investors. "Through these newly sig
Keywords: applied coreweave digital said term
Find related items on AmazonPublished on: 2025-06-10 12:58:25
Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia -backed CoreWeave climbed more than 7% following the announcement. Applied Digital said it expects $7 billion in rental revenue during the approximately 15-year period. The price is set upfront, "including an annual escalator regardless of actual project costs," according to a presentation shared with investors. "Through t
Keywords: applied coreweave digital said term
Find related items on AmazonPublished on: 2025-06-11 04:13:40
Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia -backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said it expects $7 billion in total revenue over the approximately 15-year period. "Through these newly signed long-term leases with CoreWeave, we are taking a step forward in our
Keywords: applied coreweave digital long said
Find related items on AmazonPublished on: 2025-06-28 08:15:36
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave shares popped 19% after announcing a $2 billion debt offering. The renter of artificial intelligence data centers powered by Nvidia chips said it had priced the notes at 9.25%, with a June 2030 maturity date. The deal represents a $500 million increase from its initial announcement. CoreWeave said i
Keywords: cloud company coreweave debt said
Find related items on AmazonPublished on: 2025-06-28 12:57:52
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave shares popped more than 18% after announcing a $2 billion debt offering. The renter of artificial intelligence data centers said it had priced the notes at 9.25%, with a June 2030 maturity date. The deal represents a $500 million increase from its initial announcement. CoreWeave said it plans to use
Keywords: billion company coreweave debt said
Find related items on AmazonPublished on: 2025-07-04 09:10:19
CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider rose 56% over the past five trading days, lifting the company's market cap to over $37 billion. CoreWeave has more than doubled in value since its initial public offering in late March. The company got a big boost after reporting 420% revenue growth in its
Keywords: billion ceo coreweave openai week
Find related items on AmazonPublished on: 2025-07-05 12:15:59
CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. CoreWeave investors are having a big week. Shares of the artificial intelligence infrastructure provider are up nearly 60% gain in the past five trading days, lifting the company's market cap to about $38 billion. CoreWeav
Keywords: billion ceo coreweave openai week
Find related items on AmazonPublished on: 2025-07-07 19:59:14
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market in New York City on March 28, 2025. CoreWeave shares jumped more than 5% Thursday as the renter of artificial intelligence servers posted strong revenues and CEO Michael Intrator reinforced the company's plans to spend on growth. In its first earnings report since its market debut in March, CoreWeave said it expects capex of $20 billion to $23 billion for t
Keywords: billion company coreweave deal said
Find related items on AmazonPublished on: 2025-07-09 16:56:36
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company's first earnings release since going public. The stock popped in extended trading. Here's how CoreWeave did in comparison to LSEG consensus: Earnings per share: Loss of $1.49 Loss of $1.49 Revenue: $
Keywords: coreweave million revenue shares stock
Find related items on AmazonPublished on: 2025-07-17 04:24:08
In Brief Data center operator CoreWeave is reportedly seeking a $1.5 billion debt deal after a disappointing IPO. According to the Financial Times, CoreWeave is holding a roadshow this week with bankers at JPMorgan for debt options. The company’s executives intend to use the meetings to gauge investor interest. New Jersey-based CoreWeave listed its shares in March, initially targeting a $2.7 billion fundraise. The company was forced to slash that total to $1.5 billion following investor conce
Keywords: billion company coreweave debt financial
Find related items on AmazonPublished on: 2025-08-29 08:28:53
Before we go any further: I hate to ask you to do this, but I need your help — I'm up for this year's Webbys for the best business podcast award. I know it's a pain in the ass, but can you sign up and vote for Better Offline ? I have never won an award in my life, so help me win this one. Soundtrack: Mastodon - High Road I wanted to start this newsletter with a pithy anecdote about chaos, both that caused by Donald Trump's tariffs and the brittle state of the generative AI bubble. Instead, I
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Find related items on AmazonPublished on: 2025-09-17 21:07:22
AI hyperscaler CoreWeave's initial public offering was meant to serve as a litmus test for the industry. The firm went public on the stock market last week, becoming the first all-AI startup to have done so. It's hard to read the tea leaves over such a short period, but at first, it looked like the company — and industry, if CoreWeave is a bellwether — was in for rough times ahead. After opening at $39, slightly below its IPO price of $40, shares slid almost ten percent in just its second day o
Keywords: ai coreweave industry market stock
Find related items on AmazonPublished on: 2025-09-18 04:58:30
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company's Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. CoreWeave 's stock popped more than 40% on Tuesday, bouncing back above its initial public offering price following a lackluster second trading day on the public markets. Shares of the artificial intelligence cloud company, which rents out access
Keywords: 40 company coreweave offering public
Find related items on AmazonPublished on: 2025-09-18 08:56:03
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company's Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. CoreWeave shares rallied more than 20% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets. Shares of the artificial intelligence cloud company, which rents out access to Nvidia's graphics processing un
Keywords: company coreweave executive offering public
Find related items on AmazonPublished on: 2025-09-18 16:48:41
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company's Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. CoreWeave shares rallied more than 18% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets. Shares of the artificial intelligence cloud company, which rents out access to Nvidia's graphics processing un
Keywords: company coreweave executive offering public
Find related items on AmazonPublished on: 2025-09-18 20:25:10
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company's Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. CoreWeave shares rallied more than 12% on Tuesday and looked to bounce back from a lackluster second trading day on the public markets. Shares of the artificial intelligence cloud company, which rents out access to Nvidia's graphics processing un
Keywords: company coreweave executive offering public
Find related items on AmazonPublished on: 2025-09-20 08:04:58
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market in New York City on March 28, 2025. Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They're not making much money from the one they got. The underwriting discount and commissions paid by artificial intelligence infrastructure provider CoreWeave , which hit the Nasdaq on Friday, amounted to just 2.8% of the total proce
Keywords: billion coreweave fee goldman ipo
Find related items on AmazonPublished on: 2025-09-21 00:48:16
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market in New York City on March 28, 2025. CoreWeave's public offering also served as a major test for an IPO market that has largely dried up since early 2022 as inflation and rising interest rates deterred investors from riskier bets. CoreWeave's offering marked the biggest tech IPO since 2021 and the first pure-play AI company to go public. The initial share sa
Keywords: billion company coreweave ipo tech
Find related items on AmazonPublished on: 2025-09-21 19:48:52
So far, the AI industry has enjoyed smooth sailing. It's courted billions in slap-happy investments and sign-first, read-later contracts, ballooning some Silicon Valley companies to the top of the financial food chain. Now it's facing its toughest challenge yet in the form of CoreWeave, the AI processing company that went public on the stock market this week and the first all-AI startup to do so. It was said to be a major test for the industry — and so far it's failing, miserably. CoreWeave st
Keywords: ai company coreweave industry percent
Find related items on AmazonPublished on: 2025-09-21 17:00:00
CoreWeave began trading on Friday with more of a shrug than a war cry. The company priced at $40 on Thursday, below the $47- $50 price range announced. It also trimmed the number of shares offered. All told, CoreWeave raised $1.5 billion and nabbed a $14 billion market cap on Day 1, instead of a hoped-for $3 billion+ raise and a much higher valuation. Shares also opened at $39 (ouch!), and closed at $40. A lukewarm reception. Still, the company’s IPO lands as the largest AI-related listing to
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Find related items on AmazonPublished on: 2025-09-22 08:04:56
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave's stock opened at $39 and closed at $40 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range. The seller of artificial intelligence technology in the cloud raised $1.5 billion in its share sale, the biggest tech IPO in the U.S. since 2021. The offering
Keywords: company coreweave ipo tech year
Find related items on AmazonPublished on: 2025-09-22 08:19:42
CoreWeave Inc. signage during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Friday, March 28, 2025. It wasn't supposed to go down like this. The Trump presidency was set to usher in a rush of money to the markets, spurred by a new era of deregulation and lower taxes that would lead high-valued tech companies off the sidelines and onto public exchanges after a four-year lull in initial public offerings. Goldman Sachs CEO David Solomon said in January that h
Keywords: company coreweave friday market year
Find related items on AmazonPublished on: 2025-09-22 11:47:10
Today, CoreWeave began trading on the stock market, and it is looking like an inauspicious start for the AI sector. The company had initially hoped to sell shares for $47 to $55 a piece, but began trading at $39 despite being propped up by Nvidia with a massive $250 million order at $40 per share. When you look under the hood, CoreWeave is a dog of a company, with business fundamentals that raise a lot of questions, explaining the less than enthusiastic demand by investors. CoreWeave in recent
Keywords: ai billion coreweave gpus nvidia
Find related items on AmazonPublished on: 2025-09-22 20:37:16
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave's stock opened at $39 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range. The seller of artificial intelligence technology in the cloud raised $1.5 billion in its share sale, the biggest tech IPO in the U.S. since 2021. The offering has captured the
Keywords: company coreweave ipo tech year
Find related items on AmazonPublished on: 2025-09-23 00:26:00
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave, a seller of artificial intelligence technology in the cloud, is set to make its Nasdaq debut on Friday. The company priced shares at $40 in its IPO on Thursday, below its expected range, raising $1.5 billion. The offering has captured the attention of investors from Wall Street to Silicon Valley, as
Keywords: billion cloud company coreweave ipo
Find related items on AmazonPublished on: 2025-09-23 03:54:49
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Artificial intelligence cloud provider CoreWeave is set to make its Nasdaq debut on Friday. The company priced shares at $40 in its initial public offering on Thursday, raising $1.5 billion. As a supplier to OpenAI, CoreWeave is among the beneficiaries of the rise of generative AI software such as the San Fran
Keywords: 2024 backed cloud coreweave microsoft
Find related items on AmazonPublished on: 2025-09-24 04:40:34
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, had planned to sell shares for between $47 and $55 each. At the top end of the range, that would've valued CoreW
Keywords: billion coreweave million shares tech
Find related items on AmazonPublished on: 2025-09-24 03:16:17
The AI industry has been a roller coaster ride, to put it lightly. Selling promises of an automation revolution, startups and established tech giants alike have courted billions in funding to fuel AI development. That's led to early-adoption disasters, Wall Street burnouts, and a huge drop in support for AI from businesses around the globe. Now, the sector faces its toughest challenge yet: the first ever pure-play AI startup to go public, CoreWeave. Once an unknown player in the AI space, Core
Keywords: ai company coreweave industry tech
Find related items on AmazonPublished on: 2025-09-25 16:53:09
Nvidia is aiming to anchor CoreWeave's initial public offering at $40 a share with a $250 million order, according to a person familiar with the matter. The company initially filed the offering at $47 to $55 per share. The source told CNBC's Leslie Picker that CoreWeave is not planning on downsizing or refiling at this time. CoreWeave did not immediately respond to CNBC's request for comment. Nvidia is already a significant customer of CoreWeave, which rents out remote access to computers bas
Keywords: cnbc company coreweave nvidia offering
Find related items on AmazonPublished on: 2025-09-26 20:00:01
With 250,000 highly-desired Nvidia graphics processors, CoreWeave has become one of the most prominent "GPU clouds," a status it hopes investors will value when it debuts on the public markets. But the world of artificial intelligence hardware is moving so quickly that it raises questions about how long those chips will remain on the cutting edge and in demand. It's a concern that could impact investor demand for shares of CoreWeave, one of the most anticipated IPOs in years. CoreWeave, which
Keywords: ai blackwell chips coreweave nvidia
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