CoreWeave (CRWV) Faces Investor Lawsuit as AI Data Center Delays Pressure the Stock
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CoreWeave Inc. (CRWV) is facing a securities class action lawsuit regarding its ability to provide sufficient data center capacity for customer demand. The lawsuit claims the company misrepresented its scaling capabilities and downplayed reliance on a single data center partner, leading to inflated stock prices. No court has ruled on these allegations yet. Meanwhile, CRWV shares fell 2.72% to close at $87.48.
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