This is what the AI bears didn't want to see, the spending is actually turning into revenue. Who sold the dip last week?
xitter-newx.xyz-mikolabs.workers.dev/Reuters/status/2120611…
CoreWeave jumped more than 20% igniting a rally in battered AI cloud stocks, as its hefty spending yielded strong revenue growth and the company signaled a pullback from the borrowing binge that had set off alarms of an AI bubble reut.rs/4kKBV02
9
CoreWeave expects up to $39 billion in capital spending this year.
That's a lot of money chasing AI infrastructure.
But here's the opportunity America can't overlook: preparing workers for the jobs behind it.
Are we investing enough in technical education and skilled trades?
CoreWeave jumped more than 20% igniting a rally in battered AI cloud stocks, as its hefty spending yielded strong revenue growth and the company signaled a pullback from the borrowing binge that had set off alarms of an AI bubble reut.rs/4kKBV02
2
104