The AI industry has been a roller coaster ride, to put it lightly. Selling promises of an automation revolution, startups and established tech giants alike have courted billions in funding to fuel AI development. That’s led to early-adoption disasters, Wall Street burnouts, and a huge drop in support for AI from businesses around the globe.
Now, the sector faces its toughest challenge yet: the first ever pure-play AI startup to go public, CoreWeave.
Once an unknown player in the AI space,…
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https://futurism.com/coreweaves-ipo-disaster-ai-industry
