SoftBank Posts First Loss in Two Years on $6.3B AI Data Center Impairments
Published 21 h ago1 sourceEvidence: Reported
Coreweave, a data center company, reported surging quarterly revenues and raised its full-year forecast after losing over 40% of market value in a month. This provides a positive signal for the AI sector, which has been under pressure. The report suggests underlying demand for AI infrastructure remains strong, but the sustainability of the recovery is uncertain given the recent volatility.
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