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…
The S&P 500 closed at a record 7,757.64 after tame July CPI data, but Cisco Systems Inc. shares fell 4.6% to $118.18 in after-hours trading despite record fiscal Q4 revenue of $17.3 billion, as the co…
Nvidia CEO Jensen Huang said on August 13th that the A100 fleet remains 'mission-capable' through 2029, citing CUDA's role in extending the lifespan of AI accelerators. The statement amplifies a CoreW…
Anthropic signed a 20-year, $9.1 billion compute agreement with Riot Platforms on August 11, converting the former Bitcoin miner's 700 MW Rockdale, Texas campus into AI infrastructure. This is Anthrop…
CoreWeave, an AI-focused cloud infrastructure provider, warned investors in a regulatory filing that transitioning away from Nvidia's GPUs would require significant time and financial resources, as it…
The S&P 500 rose 0.26% to 7,748.50 points on Wednesday, lifted by upbeat results from CoreWeave and other AI infrastructure firms, while mild inflation data reinforced bets the Federal Reserve will ho…
CoreWeave CFO Nitin Agrawal said the AI cloud company recently signed a contract to rent out Nvidia A100 GPUs into 2029, suggesting the 2020-era chips remain economically useful about nine years after…
CoreWeave reported Q2 revenue of $2.08 billion, a 112% year-over-year increase, while Nebius Group saw a 684% revenue surge and turned adjusted EBITDA positive, despite both companies posting net loss…
Nvidia has invested roughly $53 billion across about 170 AI deals since 2020, including OpenAI, CoreWeave, and Nebius, and is now working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs,…
Roundhill Investments' Neocloud ETF (NCLD) surged roughly 15% in its first week of trading on the Nasdaq, accumulating $46 million in cumulative volume. The actively managed fund, launched August 6 wi…
Nebius Group shares jumped 18% to $227.70 on August 12 after reporting Q2 revenue of $582.3 million, a 454% year-over-year increase that beat consensus estimates of $572.75 million, driven by four con…
CoreWeave, Super Micro Computer, and Nebius shares surged by triple digits on Wednesday after reporting earnings that beat Wall Street expectations, with CoreWeave's revenue doubling year over year, r…