CoreWeave


"CoreWeave, the largest of a new breed of companies driving the artificial-intelligence boom, has watched $33 billion of value vaporize in six weeks.

"The data-center provider’s terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays.

"The share-price plunge of 46% comes as investors worry about a possible AI bubble, the fallout from a failed merger and public criticism from high-profile short seller Jim Chanos, known for predicting the collapse of Enron."



Comments

Popular posts from this blog

Hamza Chaudhry

Swarm 🦹‍♂️

Digital ID tracking system