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AI's "Biggest Test" Is Turning Into a Catastrophe as CoreWeave Flounders

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AI's "Biggest Test" Is Turning Into a Catastrophe as CoreWeave Flounders - Futurism

Quick Summary:

AI is said to have It faced its toughest challenge yet in CoreWeave, the AI processing company that went public on the stock market this week — the first all-AI startup to do so.

It was said to be a major test for the industry, and so far it's failing, miserably.

CoreWeave stocks hit the public market for the first time on Friday with a wet thud, opening at $39, down slightly from the initially projected price of $40 per share, itself down from the highest projection of $55 per share the previous week.

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AI's "Biggest Test" Is Turning Into a Catastrophe as CoreWeave Flounders - Futurism (Picture 1)

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Article Details

Author / Journalist: Joe Wilkins

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 00:48:52 (2 days ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 27456139

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About Futurism

Main Topics: Technology

Official Website: futurism.com

Update Frequency: 5 posts per day

Year Established: 1997

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #68

Publisher Details

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The story "AI's "Biggest Test" Is Turning Into a Catastrophe as CoreWeave Flounders" was covered 2 days ago by Futurism, a news publisher based in United States.

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Futurism is a fully independent (privately-owned) news outlet established in 1997 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 5 news stories per day.

It's most recent story was published 10 hours ago.

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  • URL: https://chronographically.beamstart.com/news/ais-biggest-test-is-turning-17433863598478

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