{"id":20100,"date":"2025-04-01T20:02:19","date_gmt":"2025-04-01T20:02:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20100"},"modified":"2025-04-01T20:02:19","modified_gmt":"2025-04-01T20:02:19","slug":"openais-40b-raise-calms-market-jitters-sends-coreweave-and-ai-tokens-higher","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20100","title":{"rendered":"OpenAI\u2019s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher"},"content":{"rendered":"<div>\n<p>CoreWeave (CRWV) shares rose more than 38% on their third day of trading debut after raising nearly $1.5 billion from its IPO following OpenAi&#8217;s announcement of a record-breaking $40 billion funding round on Monday.<\/p>\n<p>The artificial intelligence (AI) startup <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/28\/coreweave-stock-debuts-at-usd39-after-selling-shares-for-usd40-a-piece\" target=\"_blank\">went public on the Nasdaq exchange on Friday<\/a> afternoon. The stock dropped below its IPO price to $39 and ended the day flat at $40 before dropping another 10% on Monday, its first full day of trading. CoreWeave\u2019s IPO came at a time of strong anxiety and uncertainty in global markets, diminishing investor appetite and risk tolerance.<\/p>\n<p>However, investor sentiment towards AI-related stocks seemed to have changed on Tuesday after AI powerhouse <a href=\"https:\/\/www.cnbc.com\/2025\/03\/31\/openai-closes-40-billion-in-funding-the-largest-private-fundraise-in-history-softbank-chatgpt.html\" target=\"_blank\">OpenAI announced on Monday that it had closed a $40 billion funding round<\/a>, valuing the company at $300 billion. The move appears to have assured investors that there continues to be a strong appetite for AI companies, even in the current rough market.<\/p>\n<p>This positive outlook has also spread to digital assets, as AI-related tokens were boosted on Tuesday. AI tokens, including Near Protocol (NEAR), Internet Computer (ICP), Bittensor (TAO) and Render (RENDER), were all up over 3% on Tuesday, with RENDER leading the group, trading 7.4% higher. The broader digital assets market, <a href=\"https:\/\/www.coindesk.com\/price\/cd20\" target=\"_blank\">CoinDesk20 Index<\/a>, also rose 3%. <\/p>\n<p>Meanwhile, the shares of Core Scientific (CORZ), the bitcoin miner and data center with a large partnership with CoreWeave, have also risen more than 9% on Tuesday. <\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CoreWeave (CRWV) shares rose more than 38% on their third day of trading debut after raising nearly $1.5 billion from its IPO following OpenAi&#8217;s announcement of a record-breaking $40 billion funding round on Monday. The artificial intelligence (AI) startup went public on the Nasdaq exchange on Friday afternoon. The stock dropped below its IPO price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20100","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20100"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20100\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}