AI compute provider Crusoe: CoreWeave (CRWV.US) sell-off is "overblown," AI compute demand is "overwhelming"
Zhitong Finance APP has learned that Chase Lochmiller, CEO of data center developer and AI computing power supplier Crusoe, said on Tuesday at the Bloomberg Invest conference in Dallas that the recent sell-off in so-called "neoclouds" has been "exaggerated," and that competitor CoreWeave (CRWV.US) has struck "some very good deals." Crusoe has contracts with companies including Meta Platforms, Oracle, and Alphabet's Google.
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