SiliconANGLE · 1 min read

Shares of Oracle, neoclouds drop on CoreWeave debt concerns

Shares of Oracle, neoclouds drop on CoreWeave debt concerns

Shares of Oracle Corp., DigitalOcean Inc.. and several other tech firms dropped today after a chart about CoreWeave Holdings Inc.’s finances went viral on X. CoreWeave operates a cloud platform optimized for artificial intelligence workloads. The company has grown its data center network from three facilities to 51 over the past four years. It financed […] The post Shares of Oracle, neoclouds drop on CoreWeave debt concerns appeared first on SiliconANGLE.

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