Reported about 22 hours ago
Bank of America has initiated a 'Buy' rating for CoreWeave, Inc. (CRWV) with a price target of $42, emphasizing the company's cloud platform designed specifically for AI services. Despite concerns about rising carbon emissions and electricity costs, recent reports indicate that the economic benefits of AI could surpass its environmental impacts, and CoreWeave is expected to be a leader in this sector.
Source: YAHOO