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CoreWeave contacts Governor-elect Gina Hinojosa regarding Texas data center regulation cooperation

Investing.com +2 · ·by G4L

CRWV
CRWV CoreWeave Inc
$49.01 +5.62%
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  1. 1CoreWeave Inc. contacted Texas Governor-elect Gina Hinojosa to cooperate on data center regulation.
  2. 2Gina Hinojosa requested a statewide moratorium on the construction of new AI data centers.
  3. 3CoreWeave's debt is estimated at approximately $50 billion, and the company's stock recently hit a record low of $49.92.

So what's the key point?

CoreWeave contacted the Governor-elect of Texas to resolve data center regulation issues. The company's debt has reached $50 billion, and its stock price recently hit a record low.

Source Investing.com +2 · View original ↗

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