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Search results for tag #crwv

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[?]Anthony ยป 🌐
@abucci@buc.ci

Hmm.

The announcement by Meta that they'll start selling AI compute potentially broke one of the pet narratives of the AI bubble: compute is so scarce that we need to spend all the money to build more. That story is the justification for crypto-turned-AI companies with poor fundamentals like CoreWeave to continue existing.

Nothing about stock or commodities prices makes any sense anymore so maybe tomorrow their stock will be up 2x.


Stock price chart of CoreWeave ($CRWV), the primary neocloud provider. It's dropped ~18% over the last two days.

Alt...Stock price chart of CoreWeave ($CRWV), the primary neocloud provider. It's dropped ~18% over the last two days.

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