The company's stock declined sharply following a disappointing report from a related firm, CoreWeave. However, the company is transforming into a dedicated AI infrastructure provider, secured by multi-year contracts with major tech firms Meta and Microsoft, valued at approximately $22 billion, and a total backlog exceeding $20 billion. This shift is supported by customer prepayments that fund expansion and improve financial stability. Despite the recent drop, the company anticipates a significant increase in its annual run rate this year.