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AI Gold Rush Fills CoreWeave’s Coffers—But Profit Still Plays Hard to Get
AI Gold Rush Fills CoreWeave’s Coffers—But Profit Still Plays Hard to Get
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CoreWeave’s revenue rockets as AI hype hits hyperspeed—turns out renting GPU muscle to desperate startups prints money. Who knew?
The Burn Rate Blues
Meanwhile, their expense sheet looks like a crypto degens’ trading history: all gas, no brakes. Those Nvidia chips don’t pay for themselves (though Wall Street might pretend otherwise).
Silicon Valley’s Favorite Irony
Nothing sells like artificial intelligence—except maybe the art of losing money while doing it. At least the VCs are happy... for now.
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