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CoreWeave stock tumbles amid financing concerns for Pennsylvania data center
Shares of AI-cloud provider CoreWeave slumped on Friday following reports of potential financing trouble for a Pennsylvania-based data center the company is slated to occupy. The volatility comes as investors closely monitor the capital-intensive infrastructure required to sustain the ongoing AI boom. Concerns centered around Blue Owl Capital's financing role, underscoring the broader market sensitivity to the debt-heavy expansions of specialized cloud infrastructure firms.
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