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AI cloud service providers CoreWeave and Nebius saw their stock prices fall by 10% and 7% respectively, as market concerns grow over heavy borrowing and credit ratings.
During NVIDIA's GTC conference, shares of AI cloud service providers CoreWeave and Nebius fell by 10% and 7% respectively, reflecting market concerns about heavy borrowing and lack of credit ratings in the industry. Goldman Sachs projects AI-related capital expenditures to reach $7.6 trillion between 2026 and 2031, and NVIDIA CEO Jensen Huang has also pointed out the issue of capital scarcity in AI infrastructure development.
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