CoreWeave and Nebius Shares Fall Amid Meta's Cloud Expansion Threat
Shares of CoreWeave and Nebius tumbled following reports that Meta is expanding its cloud services, posing a new competitive threat in the market.
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CoreWeave, Nebius shares tumble as Meta stands to become a fresh threat in the cloud
Meta’s reported interest in monetizing its AI infrastructure is leading investors to question the sustainability of neocloud business models.
By Christine Ji
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