CoreWeave's three founders have cashed out $3.3 billion since the IPO.

PANews October 16 news, according to Yahoo Finance, the latest data shows that the three co-founders of AI compute rental provider CoreWeave have cumulatively reduced their holdings of the company's stock by $3.3 billion since last year's U.S. IPO, with cash-outs since the start of this year alone reaching $2.4 billion. As credit risks continue to rise, investors grow increasingly cautious about AI spending, and sharp stock price fluctuations are triggered, the three are locking in gains through large-scale cash-outs.

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