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David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 22 hours ago

CoreWeave founders cash out — the rest is mop-up

pivot-to-ai.com

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CoreWeave founders cash out — the rest is mop-up

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 22 hours ago
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Three of the founders of AI hosting company CoreWeave — Brannin McBee, Michael Intrator, and Brian Venturo — just announced yet another planned sale of CoreWeave stock, totalling over a billion dol…

A successfully concluded blowoff

https://www.youtube.com/watch?v=s1D5LXlAPE0&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20261019-coreweave-founders-cash-out-the-rest-is-mop-up - podcast

time: 5 min 13 sec

  • David Gerard@awful.systemsOPM
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    21 hours ago

    if only there were links that answered the question

    • blakestacey@awful.systems
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      21 hours ago

      I’m tempted to lower the banhammer just for the dancing-banana icon alone.

    • TropicalDingdong@lemmy.world
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      21 hours ago

      I guess we’ll never know.

      (its a good article, and was nice and succinct. thanks for producing content)

      • hasnt_seen_goonies@lemmy.world
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        5 hours ago

        They were the ones buying Nvidia chips using debt. The debt has gotten more expensive, and the demand for Nvidia chips has remained constant (which admittedly is high).

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