CoreWeave Faces Class Action Over Alleged Data Center Delays

Reuters

Feb 17

<a href="https://laohu8.com/S/CRWV">CoreWeave</a> Faces Class Action Over Alleged Data Center Delays

A class action lawsuit has been filed against CoreWeave Inc., alleging the company misled investors about its ability to scale AI infrastructure and meet revenue targets. The complaint claims CoreWeave concealed significant construction delays at its Denton, Texas data center and overstated its capacity to recognize revenue from its backlog. After reports of these delays, CoreWeave’s market value fell by approximately $14 billion. The case is being pursued on behalf of investors who purchased shares between March 28, 2025, and December 15, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreWeave Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602161253PRIMZONEFULLFEED9655344) on February 16, 2026, and is solely responsible for the information contained therein.

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ID: 202602161253PRIMZONEFULLFEED9655344) on February 16, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014005.SGD","symbol_name":"United Global Durable Equities Fund Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260216:nNDL91QhG9:1","article_id":"2612846224","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612846224","pubTimestamp":1771264428,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"A class action lawsuit has been filed against CoreWeave Inc., alleging the company misled investors about its ability to scale AI infrastructure and meet revenue targets. 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