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CoreWeave founders cash out — the rest is mop-up (pivot-to-ai.com)
submitted 1 day ago by [M] to c/techtakes@awful.systems
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A successfully concluded blowoff

https://www.youtube.com/watch?v=s1D5LXlAPE0&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20261019-coreweave-founders-cash-out-the-rest-is-mop-up - podcast

time: 5 min 13 sec

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[–] 1 point 1 day ago

They were the ones buying Nvidia chips using debt. The debt has gotten more expensive, and the demand for Nvidia chips has remained constant (which admittedly is high).

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