This Nvidia-Backed AI Start-Up Just Filed for an IPO. Should You Buy The Stock?

The initial public offering (IPO) market has been ice-cold since 2021. In 2020 and 2021, we saw a deluge of companies entering the public markets, especially via a boom in special purpose acquisition companies (SPACs). Many of these ended up being poorly run businesses, and some were even frauds. Ever since then, there has been a mere trickle of new stock listings, as start-ups decided to remain private.Could artificial intelligence (AI) be waking the IPO market up? Last week, AI cloud start-up CoreWeave filed its official financial statements in preparation for an IPO and stock listing. This is perhaps the first generative AI stock to hit the public markets. The company is backed by Nvidia (NASDAQ: NVDA) and will be followed closely.Let's take a deeper look at the CoreWeave business and see whether investors should buy shares of this IPO.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool