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Nvidia to anchor CoreWeave IPO at $40 a share, source says

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Summary
Nutrition label

71% Informative

Nvidia is already a significant customer of CoreWeave , which rents out remote access to computers based on Nvidia 's AI chips.

The tech giant, which also owns about 6% of the company, declined to comment on the order.

The anticipated offering has come as a welcome sign for an IPO market crippled by a drought in activity.

VR Score

77

Informative language

78

Neutral language

66

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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