CoreWeave shares have risen about 65% since their IPO earlier this year, delivering strong gains for early investors, according to a filing. CNBC reported that Nvidia’s stake, valued at nearly $900 million in March, is now worth close to $1.6 billion. CoreWeave shares have surged roughly 65% since the company’s March IPO, boosting Nvidia’s stake. CoreWeave, which provides rental access to Nvidia GPUs for AI model training, went public on the Nasdaq in late March in the largest U.S. venture-backed tech IPO since 2021. Ahead of its debut, the company raised billions in equity and debt funding, with key support from Nvidia.
