Mark Cuban said on Aug. 16 that 'chips as an asset class will be the new crypto,' a broad investment thesis as AI drives demand for advanced computing hardware. CoreWeave closed a $2.6 billion delayed…
Nvidia has spent over $40 billion on equity stakes and supply-chain investments in companies that buy its chips, including $30 billion into OpenAI, $21 billion into SpaceX, and $30 billion into Intel,…
Renting Nvidia's H100 GPU climbed roughly 40% between October 2025 and March 2026, with average rates jumping from $1.70 to $2.35 per GPU-hour, according to data from SemiAnalysis. On-demand H100 capa…
CoreWeave co-founders have sold billions in stock since the lockup expired in mid-2025, with CEO Michael Intrator generating approximately $20.5 million from share sales in July and Chief Development …
Leopold Aschenbrenner's Situational Awareness AI hedge fund lost 67% of its value in July 2026, after nearly 50% of its US equity portfolio was invested in SanDisk and Micron, according to SEC filings…
CoreWeave, a former bitcoin miner turned neocloud, reported Q2 2026 revenue of $2.58 billion, up 2.1X year-over-year, with a net loss of $626 million and $6.41 billion in cash, while amassing a $104.2…
The AI bubble is unlikely to burst soon due to persistent shortages in high-bandwidth memory, advanced packaging, network fabric, power, and site readiness that will delay price discovery until at lea…
Galaxy Digital is building a multi-gigawatt data center platform focused on securing reliable power and transmission infrastructure, rather than just headline megawatt figures, according to Austin Sto…
Enterprises are increasingly adopting neoclouds—specialized cloud providers such as CoreWeave, Lambda, and Crusoe Cloud built around AI infrastructure—for GPU-heavy workloads, drawn by better economic…
Yahoo Finance reports that fresh earnings from Nebius, CoreWeave, and Super Micro Computer signal demand for AI computing power remains red-hot, easing investor concerns about an AI bubble. The result…
The S&P 500 hit a record high on Thursday, climbing 0.56% to 7,791.70 points, as tame producer price inflation data eased concerns about a September Federal Reserve rate hike. Memory chip makers Sandi…
IREN Ltd. shares rose more than 12% after the AI cloud infrastructure provider delivered the first phase of its Microsoft deployment and secured Nvidia Exemplar Cloud status. The company completed Hor…
Amy Kremer, chair of Humans First and a longtime conservative activist who helped organize the January 6 rally, is now mobilizing conservatives against AI companies, leveraging her organizational skil…
Nvidia is playing multiple roles in the AI boom, from selling chips to investing in and financing AI companies, according to Rob Lalka, a business professor at Tulane University. Lalka said Nvidia has…
CoreWeave has booked Nvidia A100 GPUs through 2029, nine years after the chip's May 2020 launch, CEO Mike Intrator confirmed on the company's second-quarter earnings call. Nvidia CEO Jensen Huang ampl…
CoreWeave, Nebius, and Supermicro reported strong quarterly results on Tuesday, sending their shares up as much as 27% on Wednesday and easing AI bubble fears. Nebius revenue surged 454% year-over-yea…
Tencent researchers developed a recursive method to train AI agents on 1,000 tasks for $50, or five cents per task, dramatically cutting data curation costs. Meanwhile, CoreWeave's Q2 2026 revenue dou…
Galaxy Digital's Helios campus in Dickens County, West Texas, has gone live as an AI and high-performance computing facility, with Phase I delivering 133 MW of critical IT load to anchor tenant CoreWe…
NVIDIA's six-year-old A100 "Ampere" GPU will remain in use until 2029, as CoreWeave has signed an agreement with a customer to rent the chips, confirmed by NVIDIA CEO Jensen Huang. The A100, introduce…
Japanese shares closed higher on Thursday, with the Topix hitting a record high of 4,176.04, as chip-related stocks tracked US peers higher and a robust earnings outlook lifted sentiment. The Nikkei r…