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CoreWeave and Nebius shares fall as Meta eyes cloud monetization
๐Ÿ“ˆ Business

CoreWeave and Nebius shares fall as Meta eyes cloud monetization

Shares in CoreWeave and Nebius tumbled after reports that Meta is considering monetizing its AI infrastructure by entering the cloud services market. Investors are now questioning whether neocloud business models are sustainable in the face of competition from tech giants like Meta. Meta's potential entry raises concerns about pricing pressure and market share for smaller AI infrastructure providers.

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