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AI News from ET - CoreWeave disappoints on opening of trading

Vishwadeep Khatri
in AI News & Two Lenses

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CoreWeave, the first AI startup to go public, closed its IPO at $40.01 per share, slightly above its offering price. Market concerns over the economy, inflation, and debt issues affected investor confidence. Michael Intrator, CoreWeave's chief executive said, "This is just a day, and we'll get through this day, and we'll keep moving. Getting into the public markets is what matters for us."

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