CoreWeave Stock May Pop On IPO Then Fall As Growth Becomes Harder [Forbes]
Microsoft Corporation (MSFT)
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Source: Forbes
Web Summit is an annual technology conference featuring high profile individuals. The event was founded in 2009 by Irish entrepreneur Paddy Cosgrave, alongside David Kelly, and Daire Hickey, Web Summit was originally held in Dublin, Ireland. It moved to Lisbon in 2016. (Photo by Bruno de Carvalho/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images By my count, there have been zero initial public offerings related to generative artificial intelligence – compared to 2,888 IPOs during the dot-com era, according to my book “ .” That could change March 28 when shares of AI cloud hosting firm CoreWeave begin trading, according to the . The offering could “raise CoreWeave as much as $3 billion at the high end of the proposed price range.” noted the Journal When you place yourself between a big buyer and a big seller you are going to be at a high risk of getting squeezed by both. With Microsoft as a big customer and Nvidia as its supplier, that is where
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