So yeah, I am pretty sure that if that's the sentiment from software people at the major-major financial company, Coreweave is cooked.
The ironic thing is, your friend is still trying to get compute, which by all indications is still extremely scarce.So there seems to be a huge mismatch: demand hasn't waned, but the narrative around AI has changed in the last month.
Of course there is still demand for RAM and SIMD compute!
But also hoarding hardware in glorified warehouses is not the genius business idea everyone thinks it is.