The neocloud shakeout is coming, and Nvidia has the most to lose

Technology · en

The neocloud shakeout is coming, and Nvidia has the most to lose

The Decoder · Oct 19, 2026, 11:33 AM UTC

After stock crashes and Firmus's scrapped IPO, industry executives expect only seven to ten of the hundreds of AI cloud providers to survive. CoreWeave lost a quarter of its market value, and Microsoft pulled out of a deal with Nscale for 23,000 Nvidia chips.…

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