The Zhitong Finance App learned that on Friday, AI cloud service providers continued to decline, with CoreWeave (CRWV.US) and IREN (IREN.US) falling more than 6%, and Nebius (NBIS.US) falling more than 5%. The three co-founders of CoreWeave have cashed out more than 3.3 billion US dollars before the company's stock price collapsed. Currently, the company's bonds have fallen into a difficult range, credit default swap spreads have soared to historic highs, and market concerns about its ability to repay its debts have heated up sharply.

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