Korean AI Neocloud Elice Plunges Over 30% in Kosdaq Debut: Public Market Reality Check for GPU Clouds
cloud••3 min•bloomberg.com
South Korean AI cloud and modular data center builder Elice suffered a sharp 30% to 36% drop on its first day of trading on the Kosdaq exchange despite raising $151 million, serving as a live stress test for neocloud valuations worldwide.
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