AITrending across 2 sourcesThe Decoder1h ago
The neocloud shakeout is coming, and Nvidia has the most to lose
TL;DRMost AI cloud startups will fail; Nvidia's chip sales depend on survivors.
Why it matters: Market consolidation threatens Nvidia's growth projections and reveals AI infrastructure overcapacity.
After stock crashes and Firmus's scrapped IPO, industry executives expect only seven to ten of the hundreds of AI cloud providers to survive. CoreWeave lost a quarter of its market value, and Microsoft pulled out of a deal with Nscale for 23,000 Nvidia chips. Nvidia has a lot…
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