The #AIbubble... massive AI player you've never heard of struggling to service #GenAI #datacentre debt:
"[Thursday, CoreWeave] stock fell 6% in premarket trading after a more than 15% drop on Wednesday, among the biggest decliners in a global tech stocks rout." - Reuters
"CoreWeave, Inc. is an American cloud-computing company based in Livingston, New Jersey. As of 2026, the company operates 51 AI data centers,[2] specialized data centers designed for higher parallel computing performance via heavy use of graphics processing units (GPUs). Such data centers are vital to the training and running of generative AI models, such as large language models and text-to-video models."
"Its $1.6 billion supercomputer data center for Nvidia in Plano, Texas,[4] has been described by Nvidia as the fastest AI supercomputer in the world." - Wikipedia
@markhughes Current top headline on the FT.
Investors dump data centre bonds as AI borrowers face ‘Darwin moment’ - https://giftarticle.ft.com/giftarticle/actions/redeem/5c59b6f1-d14d-400a-af78-b21d28fdde24