AI & Enterprise
Is neocloud the next WeWork? What is behind the \'AI bubble\' claim
Neocloud firms that grew rapidly in the AI boom are facing questions about sustainability and are being cited as a possible source of an AI bubble. Firmus pulled its planned IPO, while UK-based Nscale’s U.S. listing became uncertain after Microsoft withdrew a data centre lease. Already-listed CoreWeave has been hit by a share slump and investor concerns about debt, with anxiety spreading to larger players such as Oracle and SoftBank.
