AI

CoreWeave CEO Defends AI Circular Deals As ‘Working Together’

CoreWeave CEO defends AI financing strategy, addresses stock volatility, and explains the company’s evolving cloud model amid industry scrutiny.

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CoreWeave CEO Defends AI Circular Deals As ‘Working Together’

CoreWeave Faces Scrutiny as CEO Defends Controversial AI Strategy CoreWeave’s turbulent 2025 has sparked countless questions from investors, analysts, and anyone tracking the fast-moving AI data center market. Many are asking why CoreWeave’s stock has fluctuated so sharply, what happened with its failed Core Scientific acquisition, and whether its unique financing model—built around borrowing against Nvidia GPUs—is as risky as critics claim. In a candid conversation at the Fortune Brainstorm AI summit, CEO Michael Intrator tackled these concerns head-on, arguing that CoreWeave’s struggles are part of the natural growing pains of a company redefining how AI cloud infrastructure is built. Credit: CoreWeave IPO Hype Fades as CoreWeave Confronts Its First Year Public When CoreWeave went public in March, its IPO was positioned as one of the most anticipated tech listings of the year. Analysts expected a surge, given the company’s dominance in GPU-powered cloud services. Instead, the debut fell…

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