CoreWeave projects second-quarter 2026 revenue of approximately $2.55 billion to $2.56 billion, roughly double its year-ago figure and within its prior guidance of $2.45 billion to $2.60 billion. The …
Bernstein raised its price target on Riot Platforms (RIOT) to $35 from $30, citing the Bitcoin miner's AI data center pivot, which triggered a 27% surge in pre-market trading. The upgrade follows Riot…
The Cloud Native Computing Foundation (CNCF) accepted llm-d, an open-source framework for distributed LLM inference on Kubernetes, as a sandbox project in March 2026, with contributions from IBM Resea…
Brent crude traded near $90 a barrel on Tuesday after rising 5% yesterday, as U.S. and Iranian positions on a Strait of Hormuz deal remained entrenched, adding to inflation worries and pushing the 30-…
CoreWeave stock rose over 50% from its July 29 low of $60 to $90.6 ahead of its Tuesday earnings report, which analysts expect to show second-quarter revenue of $2.56 billion, up 110% year over year, …
Columbia Business School economist Stijn Van Nieuwerburgh warns that without AI data centre investment, the US economy would already be in a recession, estimating AI infrastructure spending could aver…
Nearly 90% of S&P 500 companies have reported second-quarter earnings, with FactSet data showing a 50% year-over-year rise, the fastest growth since 2021, driven by artificial intelligence, according …
Firebird, a US-based AI cloud company, opened the CIS region's largest AI factory in Hrazdan, Armenia, on Saturday, with Armenian Prime Minister Nikol Pashinyan, Kazakhstan's deputy prime minister Zha…
CoreWeave is set to report second quarter earnings on Tuesday, with analysts expecting an adjusted loss per share of -$1.18, down 339% year-over-year, and revenue projected to climb 111% to $2.5 billi…
Global AI, a sovereign AI data center company, has secured $441 million in debt financing from JPMorgan Chase to accelerate its expansion of air-gapped GPU data centers across the US. The company rece…
Tech stocks fell in early trading Monday as Meta CEO Mark Zuckerberg laid out his vision for AI and Intel announced a $15 billion stock sale. Zuckerberg introduced Meta's new open-weight model Muse Gl…
Core Scientific shareholders rejected CoreWeave's $9 billion all-stock acquisition in October 2025, and on July 28, 2026, Core Scientific announced a partnership with AMD to deliver over 500 megawatts…
The S&P 500 closed Friday up 0.6%, reaching record-high territory, as AI spending concerns receded and a weaker-than-expected jobs report recalibrated Fed rate bets. This week, investors will watch We…
Elon Musk said on SpaceX's August 4 earnings call that the company will build its AI infrastructure exclusively on Nvidia, citing the Vera Rubin architecture as the best available. SpaceX has not disc…
Firebird, an emerging AI cloud, launched the CIS region's largest AI factory in Armenia, powered by NVIDIA accelerated computing and Dell Technologies infrastructure, with plans to deploy more than 70…
CoreWeave signed a multi-year agreement with Solidigm on August 5 for priority access to enterprise SSD capacity, making storage the second component after GPUs that the AI cloud provider must contrac…
Solidigm signed a multi-year contract with CoreWeave to provide priority access to its enterprise SSD capacity, a deal announced amid reports that Solidigm is pursuing a pre-IPO funding of up to $7.1 …
CoreWeave announced plans to build three data centers in Greater Jakarta, Indonesia, totaling 360 MW of contracted IT power and expected to go online in 2028, marking its first expansion into Asia-Pac…
A joint post from Neon, Databricks' serverless-Postgres arm, and Castform, an RL post-training startup, claims a 4B open-weights model can match GPT-5.6 Sol on agentic retrieval at roughly 1/100th the…
Galaxy Digital recorded a second-quarter net loss of $85 million and $43 million in adjusted gross profit, while its data-center division delivered its first revenue quarter with $20 million in adjust…