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CoreWeave's (CRWV) AI-native cloud faces the storm, reports WSJ; but CEO ays co. is still on the right track

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CoreWeave faces construction delays and heavy debt, but maintains a $99B backlog and strong NVIDIA support, with the CEO doubling down on a long-term AI software-infrastructure strategy.

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"AI is a generational, maybe multigeneration, change," the CEO told the WSJ. "We know what we're building. We know why we're building it. We know how we're building. I'm pretty comfortable that I'm on the right side of this." The plan is to build the underlying infrastructure followed by "providing the greatest possible software solution for making it usable, easy, accessible and efficient,"

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