CoreWeave Inc., an artificial intelligence-powered cloud computing company, has experienced a notable decline in its stock price amid growing financial concerns. Shares fell by 10% following reports of increasing losses despite strong demand for AI services, with analysts expressing doubts about the company's financial health due to rapid expansion and high debt levels. The stock subsequently dropped 14% after CoreWeave reported wider-than-expected losses ahead of its lockup expiration. Since its IPO, CoreWeave shares had surged, more than quadrupling by mid-June and remaining up nearly 150% even after recent selloffs. However, the stock has plunged nearly 33% since the company announced its second-quarter results, which included a 207% revenue jump. Despite the decline, prominent investors like Cathie Wood have purchased shares during the dip, while billionaire Philippe Laffont, head of the $70 billion hedge fund Coatue Management, has significantly increased investments in both CoreWeave and Nvidia Corp., a leading AI chip maker and CoreWeave's cloud collaborator. The broader AI industry, including firms like Nvidia and Meta, is still considered to be many years away from collective profitability.