Cloud computing provider CoreWeave raises $650m in secondary share sale
US-based AI cloud computing provider CoreWeave has completed a $650m secondary share sale. According to a source cited by Reuters, the deal has boosted the company's valuation to more than $23bn, up ...
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Apple Just Paid Investors: Here's How Much They Received
The company launched the iPhone 16 in September, and more recently an updated iOS with AI features. Other recent product ...
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IVW: Why I Don't Like Growth Right Now
and Microsoft. Risks related to uncertainty in AI implementation success and potential overvaluation make growth funds such ...
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Supercomputer Project Delayed: South Korea faces challenges in AI chip race
South Korea’s national supercomputer project is facing delays as the country struggles to secure critical AI chips, a key ...
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CoreWeave closes $650 million secondary sale as AI startups lure investors
(Reuters) - AI cloud startup CoreWeave ... service providers such as tech giant Microsoft's Azure and Amazon's AWS. The round included additional participation from Cisco Investments, Pure Storage, ...
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to ...
CoreWeave closes $650 million secondary share sale at $23 billion valuation
AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar, ...
Microsoft1d
Microsoft introduces new adapted AI models for industry
Across every industry, AI is creating a fundamental shift in what’s possible, enabling new use cases and driving business ...
Denmark launches landmark framework for using AI under EU rules — with Microsoft backing
Denmark unveiled a blueprint on how to use generative AI in the corporate world to help firms get into compliance with strict ...
1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Gulf’s AI strategy is built on more than sand
When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for ...