Three of the founders of AI hosting company CoreWeave — Brannin McBee, Michael Intrator, and Brian Venturo — just announced yet another planned sale of CoreWeave stock, totalling over a billion dollars’ stock sales for each since the company went public. This means that whatever happens with CoreWeave and the AI bubble … they’ve got theirs. [Bloomberg, archive]

CoreWeave has never been a solid business. It spent the past three years piling debts on debts, because this was the AI revolution! This is the future! [...]