CoreWeave valued at $23 billion in muted Nasdaq debut

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By Echo Wang, Krystal Hu, Niket Nishant and Manya Saini (Reuters) -CoreWeave’s shares closed flat after opening nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-backed AI infrastructure firm a valuation of $23 billion on a fully diluted basis. The lackluster performance could crush hopes of a meaningful recovery in IPOs, especially when equity markets are

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