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CoreWeave CEO chalks up public AI pushback to the speed of change: 'And that is frightening'

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Core Development: CoreWeave CEO chalks up public AI pushback to the speed of change: 'And that is frightening'
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Market & Financial Impact: CoreWeave CEO Mike Intrator spoke to CNBC at the Goldman Sachs' Communacopia + Technology Conference this week.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

The public opposition to artificial intelligence and data centers is front and center at the Goldman Sachs Communcacopia + Technology Conference.

CoreWeave CEO Mike Intrator told CNBC's David Faber that companies haven't explained the technology's benefits well enough to the public.

"I don't think we have done a particularly good job of talking about the benefits of what the data centers allow the AI companies to be able to deliver to people, to governments, to decision making," Intrator said in comments that aired Wednesday.

The annual conference brings together leaders across the biggest tech and media companies, and AI adoption — along with the pushback many local communities are showing towards its buildout — is perhaps one of the biggest opportunities, and risks, facing businesses of every kind.

Intrator insisted that the fear around the transformation isn't about data centers, specifically, but is about how fast things are changing.

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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