Cracks appear in AI's funding model
CoreWeave's bonds have fallen into distressed territory, raising concern about how AI infrastructure gets financed. At the same time, Nscale and Anthropic are reportedly discussing another $45 billion compute deal, on top of one they announced in August.
Why it matters & sources
Why it matters: These stories show that the huge sums going into AI computing power are starting to raise financial risk questions across the industry.
Sources: theverge.com · techcrunch.com