Neocloud companies at the centre of the AI bubble debate: debt, falling shares and consolidation forecasts
Little-known data centre operators — CoreWeave, Nebius, IREN and others — have found themselves at the centre of the debate over the sustainability of the AI economy. Gartner and Forrester analysts predict mass market exits, company shares are losing about a quarter of their value in a month, and the US Treasury Secretary urges against exaggerating the risks. Little-known data center operators — CoreWeave, Nebius, IREN and others — have found themselves at the center of a debate over the sustainability of the AI economy. Analysts at Gartner and Forrester predict mass market exits, the companies’ shares have lost about a quarter of their value in a month, and the US Treasury Secretary urges against exaggerating the risks.
Otabek Yusupov