Hard Fork · Friday, October 23, 2026
Rob Copeland and Aaron Griffith analyze AI middleman company CoreWeave, noting that its stock and debt servicing are under severe strain as high interest rates catch up with massive infrastructure investments.
“CoreWeave is an AI middleman, essentially. What they do is they buy the compute, the processors, they stick it into warehouses, and they lease the space to companies whose names you might have heard of”
“CoreWeave is a $40 billion company. This isn't like trickles down to a nobody. These are real size companies.”