Independent AI cloud and GPU provider that went public at $40/share and saw its stock quadruple before falling on Blackstone/Google JV news.
“One of the things no one ever says is the fact that memory prices, the cost of building the product you're trying to build has gone up by 2x because the suppliers are charging you more.”
Source→“CoreWeave's CEO is confident he's on the 'right side' of the AI buildout even as his customers take on more debt.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.