The hype was driven by insatiable AI companies like Microsoft, OpenAI, and Meta leasing hundreds of megawatts of compute as outfits like CoreWeave construct enormous data centers. At press time, shares are hovering at just under $70, meaning the company has lost a staggering 56 percent of its stock value in just six months. Rainstorms in Texas forced the company to delay the pouring of a foundation for an AI data center complex, pushing back the completion date by months, the WSJ reports. Days after downplaying concerns over an AI bubble, Intrator was probed by investors during a quarterly earnings call about the delays at the Texas data center construction site. “There is no scaling going on here.”More on the AI bubble: AI Investors Furious at Suggestion That There’s an AI Bubble