CoreWeave Inc., a prominent cloud computing provider, has decided to reduce the size of its initial public offering (IPO) to $1.5 billion. This move comes in response to recent volatility in the stock market, which has negatively impacted demand even for the most anticipated investments.

CoreWeave Inc., a prominent cloud computing provider and a rising star in the field of artificial intelligence, is preparing for its initial public offering (IPO). According to sources familiar with the situation, the company aims to raise approximately $2.5 billion through this process. Investors are expecting that CoreWeave's shares will be offered in a price range of $47 to $55 each.