TECH NEWS
General Compute raises $100 million Series A, countering the neocloud disaster narrative
CoreWeave, a publicly traded neocloud that rents out computing power for AI, has seen its stock price fall to a 12-month low, and Elon Musk is flexing $40 billion in debt for buying computing capacity and predicting that “200+ neoclouds are going to see guppy-level death and consolidation.” It’s