Jane Street, a quantitative trading firm, now holds a $20 billion private company portfolio, including a stake in AI company Anthropic. The firm reported $39.6 billion in trading revenue for 2025, sur…
CoreWeave reported a $99.4 billion revenue backlog as of Q1 2026, driven by multi-year take-or-pay contracts with Microsoft, OpenAI, Meta, and Anthropic. The company carries $24.9 billion in debt and …
CoreWeave announced the industry-first deployment of NVIDIA Vera Rubin NVL72 infrastructure on its cloud platform, integrating 72 GPUs and 36 CPUs with a 260 TB/s fabric for large-scale inference and …
Jefferies initiated coverage on IREN Limited with a Buy rating and a $79 price target, projecting 30-36% upside as the company's AI cloud services business is expected to outperform traditional data c…
A viral claim that half of 2026 US datacenter capacity is canceled is based on flawed data and uninformed forecasts, according to SemiAnalysis. The firm's own tracking shows only ~1% movement in hyper…
Allbirds, the sustainable footwear company, has renamed itself Smartbird and appointed Nadia Carlsten as CEO to pivot into AI infrastructure, selling its shoe business for $39 million. Shares surged o…
AI researcher Gary Marcus warns that a weak OpenAI IPO could trigger a cascade of financial problems for Nvidia, Oracle, and CoreWeave, as their valuations depend on OpenAI's massive chip and data cen…
US convertible bond issuance hit roughly $34 billion in the first four months of 2026, more than double the same period last year, with about half of the deals tied to AI companies. AI firms like Core…
CoreWeave has developed two new innovations for AI data centers, a programmable valve system called 'Valvey' and a unified rack controller called 'Racky', designed to improve cooling and control for N…
Allbirds sold its footwear business, laid off most staff, and rebranded as Smartbird to become an AI infrastructure provider. The company, once valued at nearly $4 billion after its 2021 IPO, saw its …
Allbirds has completed its transformation into Smartbird, an AI infrastructure provider, after selling its footwear business and shedding most of its workforce. New CEO Nadia Carlsten, who has never w…
VAST Data has emerged as the dominant storage supplier to neoclouds, with a 600 PB capacity win at Australia's Sharon AI. Neoclouds, which specialize in GPU-compute-heavy AI services, saw collective r…
Nvidia is backing Hydra Host, a startup that raised $100 million in Series A funding to build a marketplace for renting GPU capacity, effectively commoditizing Nvidia's own chips. The company, founded…
Senators Elizabeth Warren, Chris Van Hollen, and Richard Blumenthal launched a formal investigation on December 16, 2025, into whether AI data centers are driving up residential electricity costs. The…
NVIDIA CEO Jensen Huang outlined a 10-point AI roadmap during a recent talk, emphasizing that agentic AI has crossed a critical threshold requiring 1,000 times more compute than generative AI. He high…
Wyoming Governor Mark Gordon toured the Related Digital data center campus in Cheyenne, a $1.2 billion project expected to deliver 420 megawatts of computational capacity for CoreWeave and generate ov…
CoreWeave raised $3.5 billion in a funding round, signaling strong investor interest in AI infrastructure. The company provides cloud services for AI workloads, positioning itself as a key player in t…
CoreWeave launched unified agentic AI capabilities on May 28, combining serverless reinforcement learning, production inference, fleet observability, and autonomous improvement into a closed feedback …
CoreWeave (CRWV) appears attractive following the launch of its agentic AI integration, positioning the company to capitalize on the growing demand for AI infrastructure. The move signals CoreWeave's …
CoreWeave will join the Nasdaq-100 Index on June 22, 2026, about 15 months after its March 2025 IPO, the company announced. The GPU-focused cloud provider reported $2.1 billion in Q1 revenue and a $74…