Depreciation denied in AI boom bubble, CoreWeave insists H100s still worth $40K each
CoreWeave and its accounting firm have never heard that GPUs are depreciating assets, and the H100 has dropped in value by almost 50% since they bought them. For them, they still believe each is worth over $40k. I also still believe my old iPhone X is worth $1000. pic.twitter.com/bqqidHiJJ2 — Kakashii (@kakashiii111) May 17, 2025 …