kapynInfrastructure

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

The AI cloud market is tightening, with only a handful of providers expected to survive the shakeout. CoreWeave’s valuation drops 25 %, and Microsoft backs out of a 23,000‑chip deal with Nscale, highlighting the pressure on Nvidia, whose data‑center revenue depends heavily on non‑hyperscaler customers.

The Decoder·Oct 19, 2026

Opening Kapyn…