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Musk warns over 200 AI cloud firms could collapse as debt markets tighten

Elon Musk predicts that more than 200 neocloud companies that rent out AI computing capacity may not survive as lenders pull back, with CoreWeave's debt load offered as an example of the strain.

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Elon Musk predicts that more than 200 neocloud companies that rent out AI computing capacity may not survive as lenders pull back, with CoreWeave's debt load offered as an example of the strain.