Why CoreWeave Was Plunging To End the Week Today

Shares of AI neocloud CoreWeave (NASDAQ: CRWV) were falling on Friday, down as much as 13% at one point, before finishing the day down 8.1%.CoreWeave has been highly volatile since going public about a year ago. This is because its tantalizing growth prospects as the largest neocloud serving the AI build-out are running into the complications of securing sufficient funding and permits to build its data centers.Today, the business magazine Business Insider reported that Blue Owl Capital (NYSE: OBDC), a business development company and lender to CoreWeave, may be having trouble securing financing partners for CoreWeave's new Lancaster, PA data center.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool