CoreWeave Scales Back Ambition for Its I.P.O.
1. CoreWeave lowers IPO price expectation from $47-55 to $40 per share. 2. The company aims to raise $1.5 billion at a $19 billion valuation. 3. Market conditions reflect a lack of appetite for riskier IPO transactions. 4. Nvidia's stock decline poses additional concerns for AI sector investments. 5. CoreWeave's IPO won't define the future for AI company public offerings.