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Dylan Field, co-founder and chief executive officer of Figma Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Thursday, June 24, 2021. Software design company Figma has raised fresh funding at a valuation of $10 billion, quintupling its price tag since last year. Photographer: David Paul Morris/Bloomberg via Getty Images

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CoreWeavesaidon Wednesday that it hop to betray its initial public shares between $ 47 and $ 55 per share , putting the money it may raise between about $ 2.2 billion and $ 2.6 billion .

Word on the street is that CoreWeavewanted to farm at least $ 3 billionand possibly over $ 4 billion .

But price range announcement are always a bit of a plot . The announced range is often low-spirited than the bankers recollect the caller can really get . Then the company officially sets a gamey price . Doing that helps make excitation for the first mean solar day of trading , saying to retail investors that big institutions were so interested that they were willing to give more .

So we ’ll have to waitress and see if CoreWeave can get over $ 3 billion . Since publicly filing to go public , the company sign on a $ 12 billioncustomer agreement with OpenAIand addedMeg Whitmanto its add-in of directors .

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