Crusoe CEO says recent CoreWeave sell-off talk has been overstated

Crusoe CEO says recent CoreWeave sell-off talk has been overstated

N
News Editor
2026-10-27 17:36:16
Crusoe’s chief executive said recent claims about sell-offs involving the so-called “new cloud” companies have been overstated, while also saying rival CoreWeave has secured “some very good deals.” The remarks point to a more favorable view of CoreWeave’s recent trading than some market narratives have suggested. Crusoe, which develops data centers and supplies AI computing capacity, counts Meta, Oracle, and Google, part of Alphabet, among its customers. The report was cited by Bloomberg and relayed by Techub News.

Crusoe’s chief executive said recent talk of sell-offs tied to the so-called “new cloud” companies has been “overstated,” and added that rival CoreWeave has landed “some very good deals.”

Crusoe is a data center developer and AI computing provider. Its customers include Meta, Oracle, and Google, which is part of Alphabet. The report was cited by Bloomberg.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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