Nvidia-backed CoreWeave's shares open nearly 3% lower in market debut<br /><br />CoreWeave, an artificial intelligence startup backed by Nvidia, falls in debut on March 28, 2025 after a hotly-anticipated IPO downsized and priced well below range. The shares opened nearly 3% below their initial public offering price on the Nasdaq. The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis. CoreWeave has yet to turn a profit and some existing shareholders had planned to sell 49 million shares at $47-$55.<br /><br />REUTERS / NASDAQ / COREWEAVE<br /><br />Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br />Visit our website at https://www.manilatimes.net <br />Follow us: <br />Facebook - https://tmt.ph/facebook <br />Instagram - https://tmt.ph/instagram <br />Twitter - https://tmt.ph/twitter <br />DailyMotion - https://tmt.ph/dailymotion <br /><br />Subscribe to our Digital Edition - https://tmt.ph/digital <br /><br />Check out our Podcasts: <br />Spotify - https://tmt.ph/spotify <br />Apple Podcasts - https://tmt.ph/applepodcasts <br />Amazon Music - https://tmt.ph/amazonmusic <br />Deezer: https://tmt.ph/deezer<br />Stitcher: https://tmt.ph/stitcher <br />Tune In: https://tmt.ph/tunein <br />Soundcloud: https://tmt.ph/soundcloud <br /><br />#TheManilaTimes<br />#tmtnews<br />#nvidia <br />#coreweave
