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CoreWeave IPO is not a good proxy for AI as an industry, let alone a technology

Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo.

Mike Intrator, CEO and founder of CoreWeave. Some analysts think the company’s lackluster IPO spells trouble for the AI boom as a whole. But there’s many reasons to think that CoreWeave’s problem was mostly about CoreWeave.

Michael M. Santiago—Getty Images

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