Don't overthink CoreWeave's IPO. It is a bellwether — just not for all of AI.
1. CoreWeave's IPO priced at $40 but shares fell to $39 initially. 2. The company's success depends significantly on Nvidia GPU utilization. 3. High customer concentration raises concerns about financial stability. 4. Experts predict GPU prices may decrease, affecting profitability. 5. CoreWeave is seen as a test case for the neocloud concept.