Names like CoreWeave and Nebius are familiar to the tech set in San Francisco and Silicon Valley. These data centre companies, known as neocloud firms, run large warehouses packed with expensive computers, which they lease to major AI developers like Anthropic, OpenAI and Meta. They're now the subject of one of Silicon Valley's most heated debates. Many question whether neocloud firms are financially sound and what their recent stumbles tell us about the state of the AI...
