说话者看好 CRWV，因为其 AI 基础设施扩建已得到验证，能让 GPU 持续为 AI 实验室运行，并且属于最优秀之列；与 AI 实验室的长期合同回款周期更长，但更有保障，其较新的企业业务重心带来更高利润率，且已宣布 1.5 吉瓦的活跃电力。未来的债务融资是关键不确定性；若情况明朗，将降低市场波动。

Has SpaceX become so big that it might capture a share of emerging cloud companies or smaller AI players such as Nebius, Korwef, Iron, Cipher, etc.?

For me, SpaceX’s statement on this matter carries much more weight than if Korwef or any other entity had said it They possess the same comprehensive vision as Korwef and OpenAI or Nebius and Anthropic.

Good. Now, I'll move on to my stock, and unfortunately, it's the stock that caused all that drama. So, this stock will be Coreweave. Um, let me share some of my reasons for being optimistic about Coreweave right now .

Very similar to that use, isn't it? They are at the platinum level for semiconductor analysis. It's not that I want to consider it a gold standard, but at least it tells us: "Hey, this is a really good platform."

This is one of...they have worked with huge amounts of AI labs and AI players. They gave me all the evidence that they could build the infrastructure, that they could build it in a timely manner, and most importantly, that they could make that computing and revenue work.

Because one of the biggest problems is not just getting the data center up and running , but can you keep those graphics processing units (GPUs) running very fast? One thing Coreweave probably does is be the best at keeping those GPUs running very well for AI labs .

Now, they are really focusing more on long- term contracts and AI labs, and that tends to have a longer payback period just because those contracts are a little longer, and you have more security behind them.

Um, but recently they have started to focus more on what Nebius does, focusing more on the enterprise space where there are no very short contracts as with SpaceX, but not as long as for several years as with AI labs.

These tend to have a slightly higher profit margin, so I like that, especially since they have a lot of active energy. They recently announced 1.5 gigawatts of active power which I thought was a lot, but then SpaceX came along , didn't they?

Then SpaceX came along and showed me that it wasn't all that crazy . Um, so, I'll go back , so it's pretty much about that. They have done a really good job in building an AI infrastructure.

I think this will continue to be an imbalance. I think they did a good job of proving that they are among the best.

Returning to the question I posed to you, if there is one thing I would really like to clarify, um, I think it would be related to future financing. Similar to Neo, isn't that right?

But what's more important now, for Coreweave, isn't it? You have all this fear of whether you will have to pay these huge sums for future debts. What is the strategy behind this?

We know that Nvidia has recently started partnering with many financial banking systems in the financial world to help with such problems, right? These are the kinds of issues related to high interest rates and the like.

Can you explain why the market is somewhat wrong or unfortunately right? Give me a straightforward answer about your future debt situation and what things look like. For me, this would be a definitive answer because one of the things I think the market always looks at is risk and uncertainty.

Currently, there is a state of uncertainty about what is happening. If you provide us with some clarity regarding this ambiguity, I believe the market will be less volatile. So yes, that would be my choice, Neo, and I hope we get some clarity from Coreweave.