Cloudflare shares drop 15% as AI hype meets slowing growth and 20% layoffs
Cloudflare shares fell more than 15% premarket after its Q2 forecast flagged slowing growth and a 20% AI-related headcount cut, denting AI-beneficiary expectations.
3 articles tagged AI economics
Cloudflare shares fell more than 15% premarket after its Q2 forecast flagged slowing growth and a 20% AI-related headcount cut, denting AI-beneficiary expectations.
Nvidia's CEO outlined a vision where tokens become the fundamental unit of AI value, but significant gaps remain between production costs and real-world revenue.