CoreWeave's Huge IPO Is Becoming a Disaster, Spelling Trouble for the AI Industry

CoreWeave, the AI infrastructure startup dubbed the picks and shovels of the AI gold rush, is set to go public tomorrow—but not without drama. Slashing its IPO valuation from 35 to 23 billion dollars, CoreWeave is leaning heavily on a single customer—Microsoft—for over 60 percent of its revenue. Yikes. So why should the paper packaging industry care? Because this IPO is a stress test for AI scalability. If CoreWeave stumbles, it signals instability in the AI-driven automation supply chain—impacting smart packaging, predictive logistics, and AI-optimized production lines. Stay sharp, because tomorrow’s tech fortunes could reshape packaging's future.https://futurism.com/coreweaves-ipo-disaster-ai-industry

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