GPU cloud upstart CoreWeave gets $1.1B injection as AI hype train chugs on

AI cloud firm CoreWeave scored $1.1 billion in a recent investment round, bringing its valuation up to $19 billion. The backers that furnished CoreWeave with over a billion dollars were led by investment firm Coatue and included others, most notably Fidelity, according to a Wall Street Journal report. CoreWeave's new valuation …

[elsergiovolador]

AI

MonAI LAIndering?

[Yorick Hunt]

All aboard!

It's been a quarter of a century since the "dotcom bubble" burst, and speculators are still speculating.

[Pascal Monett]

So, Cloud AI has no idea what a recession is ?

When this AI nonsense starts crashing, it's going to hit the ground really hard.

[elsergiovolador]

Re: So, Cloud AI has no idea what a recession is ?

It's funny that AI didn't figure out anything for that event.