**[CoreWeave Junk Bonds Decline as Investors Question AI Boom]** According to a report by Jinse Finance, on July 2, bonds issued by CoreWeave Inc. fell for the second consecutive day, impacted by Meta Platforms Inc.'s plan to launch a competing cloud business. Over the past two days, CoreWeave's euro-denominated bonds dropped nearly 2 cents to 96.8 cents, while its $1.25 billion dollar-denominated bonds fell approximately 1.3 cents to 97.3 cents. Meta is developing a cloud infrastructure business that will sell access to AI computing power and models, posing competition to companies like CoreWeave and threatening their growth prospects.