CoreWeave Co-Founders’ Stock Sales Aren’t Helping Investor Confidence

T1Covered by 1 source · first reported by The Information (teasers) at 15 Oct, 00:01 UTC

This was not the day to be a publicly traded neocloud (as young AI data center firms are known). As the market sold off on bad inflation data—reinforcing certainty of another interest rate hike—neoclouds tanked. These companies typically are borrowing a lot to finance expansion. The worst hit in…

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• T1CoreWeave Co-Founders’ Stock Sales Aren’t Helping Investor ConfidenceThe Information (teasers)15 Oct, 00:01