October 30, 2026 4:43 PM
Why CoreWeave’s troubles are rattling the AI boom
CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres. Shares and bonds of the Nvidia-backed company have tumbled despite its CEO's assurances of a strong contract backlog, fueling a broader selloff in technology stocks. Here is why investors are worried and what its troubles could mean for the industry. WHAT DOES COREWEAVE DO? CoreWeave rents out computing powe...