Nvidia Corp. CEO Jensen Huang announced a $500 billion initiative with Goldman Sachs Group Inc., Blackstone Inc., Apollo Global Management Inc., KKR & Co., BlackRock Inc., and Brookfield to finance AI…
Nvidia Corp. CEO Jensen Huang announced Monday that a coalition of major investment firms, including BlackRock Inc. and Goldman Sachs Group Inc., is lining up more than $500 billion to help fund the A…
CoreWeave's second-quarter revenue more than doubled to $2.58 billion, beating analyst estimates, as CEO Michael Intrator said near-term capacity is 'effectively sold out' and the company's revenue ba…
Nvidia Corp. CEO Jensen Huang announced that six major investment firms, including BlackRock Inc. and Goldman Sachs Group Inc., are lining up more than $500 billion to help fund the AI build-out, a mo…
Nvidia Corp. has partnered with Apollo Global Management Inc., BlackRock Inc., Blackstone Inc., Brookfield Corp., Goldman Sachs Group, and KKR & Co. Inc. to invest $500 billion in global AI infrastruc…
Nvidia Corp. has partnered with Wall Street asset managers, including BlackRock Inc., on a $500 billion initiative to finance artificial intelligence infrastructure, underscoring the growing role of p…
Meta Platforms Inc. shares fell more than 10% to $524.49 after the company issued a third-quarter revenue forecast of $61 billion to $64 billion, below the average analyst estimate of $63.2 billion, a…
The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
Meta Platforms Inc. announced plans to build a $14 billion artificial intelligence data center campus in El Paso, Texas, in collaboration with BlackRock Inc., the world's largest asset manager. The tw…
Meta Platforms Inc. and BlackRock Inc. will jointly build and operate a $14 billion, 1-gigawatt data center complex in El Paso, Texas, with Meta as the initial sole tenant when it goes online in 2028.…
Bonds tied to a Meta Platforms Inc. data center project in Texas, sold by BlackRock Inc., rallied in early trading on Monday before formal pricing, signaling stronger demand than initially appeared fo…
BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project in El Paso, Texas, testing investor appetite amid concerns about excessive AI infrast…
Seoul stocks erased early gains and fell 3.21% late Wednesday morning as investors sold off semiconductors and large-cap tech shares, driven by BlackRock's downgrade of emerging-market equities over A…