CoreWeave, Nscale put neocloud economics in focus

Concerns over heavy debt financing behind the AI infrastructure boom are putting neocloud providers under scrutiny. Decoding Discontinuity CEO Raphaelle D'Ornano says interest expenses weigh on CoreWeave's economics as investors look beyond contracted backlogs to financed, energized capacity, while Nscale's vertically integrated approach precedes a potential IPO.

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