Does CoreWeave’s disappointing IPO signal an AI bubble?

Does CoreWeave’s disappointing IPO signal an AI bubble?

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New Jersey-based AI and cloud computing company CoreWeave made its market debut on Friday to little applause.

The stock was poised for success by all means: It was the biggest tech IPO since software company UiPath (PATH-3.70%) in 2021, and a rare IPO of a pure-play AI company.

Plus, it was backed by market-favorite tech giant Nvidia (NVDA-1.88%), which ended up having to anchor the IPO last minute with a $250…

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https://qz.com/coreweave-ipo-ai-bubble-1851773579

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