Alger’s Crawford: There’s Skittishness in the Market
Ankur Crawford, a Portfolio Manager at Alger and Former Intel Engineer, said recent market nervousness around AI— including concerns tied to CoreWeave—does not reflect the strength of underlying adoption and infrastructure demand. She described a striking gap between stock performance and on-the-ground fundamentals, while noting that returns from AI investment will take time and that debt, supply-chain bottlenecks, labor shortages and power constraints could slow the buildout. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
Sources
Related
- How HP Is Building an AI-Ready CDP with Databricks CustomerLake OCT 19, 2026
- Sources: OpenAI is racing to secure investor commitments before Anthropic's expected IPO in mid-Nov. and aims to raise ~$30B; the round could value it at $1.4T+ (Reuters) OCT 19, 2026
- Embedded AI evaluators won’t be an easy solution, Hugging Face’s policy chief says OCT 19, 2026
- Sources: Eric Schmidt, who owns ~1% of Anthropic after investing tens of millions in its Series A, is poised to have one of the largest windfalls from its IPO (Bloomberg) OCT 19, 2026
- Cloudflare debuts Clairic, a System One-class extraction model it says processes unstructured data faster, more cheaply, and more accurately than normal LLMs (Cloudflare) OCT 19, 2026