CoreWeave, Inc.'s IPO faces challenges with outdated GPUs, mounting debt, and reliance on Microsoft. Click for our first look ...

CoreWeave's IPO is the first one of the generative AI era. Competition for new Nvidia chips from huge rivals will make it ...

CoreWeave CEO Mike Intrator said on “Squawk Box” that the company had to “rightsize” its pricing ahead of the Friday IPO.

However, in December 2024, CoreWeave asked its main lender, Blackstone (BX), to amend the agreement and waive the defaults. The loan was structured through a special purpose vehicle that used GPUs ...

(Bloomberg) -- CoreWeave Inc. fluctuated between gains and losses in its market debut after the cloud-computing provider raised $1.5 billion in a downsized initial public offering. The company’s ...

CoreWeave’s initial public offering last week has thrown venture capitalists’ plans to take startups public this year into further doubt. Early this year, investors and entrepreneurs were ...

Cloud Computing startup CoreWeave (CRWV) breached some terms of a $7.6B loan last year that triggered a series of so-called technical defaults, the Financial Times reported. CoreWeave had to ask ...

CoreWeave CEO Mike Intrator said ... Intrator also addressed administrative issues with a loan last year in which the company faced technical defaults. The company started to use money from ...