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Fortune: CoreWeave's financial situation is a typical reflection of the AI infrastructure bubble, with debt burden potentially becoming a hidden risk

Fortune: CoreWeave's financial situation is a typical reflection of the AI infrastructure bubble, with debt burden potentially becoming a hidden risk

金色财经金色财经2025/11/08 13:36
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According to a report by Jinse Finance, Fortune magazine has revealed that CoreWeave recently signed an AI agreement worth $1.17 billion with Vast Data, a company invested in by Nvidia. However, bitcoin mining company Core Scientific has terminated its cooperation with CoreWeave. Through analysis of documents submitted by the company to the US SEC, Fortune magazine found that the company's business model carries significant risks, with the documents filled with warnings and cautions. The latest quarterly report disclosed a total debt of $11 billion, indicating that CoreWeave's fundamentals are currently not optimistic and profitability is still a long way off. Furthermore, due to a lack of ability to issue debt, the company is facing a severe cash flow shortage. Short sellers believe that CoreWeave is highly likely to run into trouble due to its continuously increasing debt, potentially becoming the first domino to fall in the artificial intelligence ecosystem.

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