Squawk Pod The CoreWeave IPO with CEO & Co-Founder Mike Intrator 3/28/25
Mar 28, 2025
Mike Intrator, CEO and co-founder of CoreWeave, dives into the company's transformative role in AI, servicing giants like Microsoft and OpenAI. Despite a conservative IPO pricing, CoreWeave makes waves as the largest venture-backed tech deal in years, hinting at a shifting market. Senator Chris Coons discusses the political backlash over DOGE and its impact on American budgeting. Insights into tech regulations' interplay with public discontent and military spending keep the conversation lively and pertinent in today's complex landscape.
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Musk's DOGE Interview
- Elon Musk discussed cutting the federal deficit with the Department of Government Efficiency (DOGE) on Fox News.
- He aims to cut the deficit in half, from $2 trillion to $1 trillion, and reassure viewers about Social Security changes.
CoreWeave IPO
- Cloud computing provider CoreWeave priced its IPO at $40 per share, raising $1.5 billion, below its expected range.
- This marks the largest tech IPO since 2021, offering a market barometer.
Public Concerns about DOGE
- Senator Chris Coons discussed concerns about DOGE's access to financial information and its impact on Social Security and Veteran Services.
- Coons highlighted public anxieties surrounding these changes.