Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, speaks during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS/Brendan McDermid
(Reuters) - CoreWeave's shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday.
The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis.
(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)
