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jaykrown@lemmy.world to Fuck AI@lemmy.worldEnglish · 2 days ago

CoreWeave credit default swaps hit distress levels as investors sour on AI debt

www.cnbc.com

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CoreWeave credit default swaps hit distress levels as investors sour on AI debt

www.cnbc.com

jaykrown@lemmy.world to Fuck AI@lemmy.worldEnglish · 2 days ago
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Signs of distressed deepened in CoreWeave on Thursday.
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  • Wispy2891@lemmy.world
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    1 day ago

    Their business model is spending billions to build datacenters without having actual need for that.

    At the moment they just host free models on openrouter?? There’s no way they will ever have a profit

  • Elvith Ma'for@feddit.org
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    1 day ago

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