CoreWeave Investor Confident in AI Demand Amid Debt Concerns
Macro·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Cathie Wood of ARK Investment Management believes that investing in CoreWeave will pay off despite high borrowing costs. Evan Schlossman from Neostellar Capital Corp. supports this view, stating that critics are wrong about the company's debt situation.
CoreWeaveARK Investment ManagementNeostellar Capital Corp.
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Concerns over CoreWeave Inc.’s high borrowing costs are common for young companies raising money when interest rates are elevated, but investing in the AI computing supplier will pay off, according to Cathie Wood of ARK Investment Management LLC.”
Bloomberg — ARK’s Wood Says CoreWeave Will Overcome Debt Fears on AI Demand“The critics are wrong, according to Evan Schlossman, principal at Neostellar Capital Corp., which holds a stake in CoreWeave.”
Fortune — CoreWeave investor explains how the loss-making AI ‘neocloud’ provider plans to claw its way out of debt