BBC reports that neocloud data-centre firms providing AI computing capacity to Anthropic, OpenAI and Meta are drawing scrutiny over high debt and falling share prices. CoreWeave has accumulated $35.1 billion in debt and its shares have fallen about 25% over the past month; Nebius, IREN and Applied Digital have posted similar or larger declines. Gartner expects 80% of neocloud firms to cease independent operations by 2030, while Forrester expects at least three near-term acquisitions. Treasury Secretary Scott Bessent said neoclouds are only a small part of the overall AI ecosystem and that financing and deals are still getting done.