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      CoreWeave's three co-founders have cashed out $3.3 billion since IPO

      PANews, October 16 - According to Yahoo Finance, the latest data shows that the three co-founders of AI computing power rental company CoreWeave have cumulatively sold $3.3 billion worth of company stock since last year's U.S. IPO, of which $2.4 billion was cashed out this year alone. Amid rising credit risks and growing investor caution over AI spending that has triggered sharp stock price swings, the three are locking in gains through large-scale cash-outs.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud