CoreWeave's $452m loss doubles estimates amid lawsuit pressure

CoreWeave's AI infrastructure boom hit reality with a $452 million Q4 loss, nearly double Wall Street's $0.49 per share estimate. The company faces securities class action lawsuits alleging it hid delays and overstated scaling capabilities. With $14 billion in debt, rising interest costs, and dependence on third-party data center developers, CoreWeave's $55.6 billion backlog looks increasingly precarious. Shares remain 189 percent above fair value estimates despite the legal overhang, suggesting the AI infrastructure bubble has further to deflate.