COREWEAVE CEO DEFENDS COMPANY'S FINANCIAL STRENGTH AMID AI SECTOR CONCERNS

COREWEAVE ($CRWV ) CEO MICHAEL INTRATOR SAYS HE REMAINS CONFIDENT IN THE COMPANY'S BUSINESS MODEL, FUNDING, SALES AND BACKLOG.

INTRATOR SAYS COREWEAVE'S CONTRACTED BACKLOG MORE THAN SUPPORTS ITS DEBT OBLIGATIONS, WHILE DELAYS IN OTHER COMPANIES' IPOS ARE NEGATIVELY AFFECTING PERCEPTIONS OF COREWEAVE.

ADDRESSING COMPETITORS, HE ADDED: “THEY DON'T HAVE WHAT WE BUILT.” ...