CoreWeave (CRWV) shares are slipping on Monday after tech leaders, including Sam Altman and Dario Amodei, warned that artificial intelligence (AI) model development must be paced to prevent potential safety risks. A potential slowdown in training artificial intelligence models could prove a major headwind for neocloud firms like CRWV, according to Bernstein’s senior analyst Maidson Rezaei.
Despite today’s decline, CoreWeave stock is up about 40% versus its year-to-date low.