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…
Nebius auction-goers bid aggressively for Nvidia's Blackwell GPUs, driving prices higher amid surging AI-agent demand that keeps compute scarce and expensive despite expanding capacity and efficiency …
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…
Nebius spokesperson Tom Blackwell told ERR that the company is a new enterprise with no connections to Russia, addressing concerns over its historical ties to Yandex and implications for Estonia's sec…
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…
Anthropic investors expect the AI lab's upcoming IPO, slated for around October, to value the company at least $2 trillion, more than double its current valuation, according to half a dozen investors …
Nebius and partner DataOne received a second stop-construction order at their Vineland, New Jersey AI data center, this time over unpermitted Bloom Energy fuel cells and an LNG tank, halting power gen…
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, 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…
Five European companies have agreed to purchase AI compute capacity from Nebius Group, a Netherlands-based AI infrastructure company, for a total of $1 billion, with deliveries expected in 2025 and 20…
Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, a figure that would eclipse SpaceX and make its debut the largest-ever initial public offering. Hal…
Dow Jones futures and S&P 500 rose slightly early Thursday, while Nasdaq futures were little changed, after a tame CPI report helped the S&P 500, Nasdaq, and Russell 2000 post modest gains. Cisco Syst…
Nebius raised its year-end 2026 contracted-power target to 5GW, up from more than 4GW, and plans to deploy more than 1GW of new AI capacity per year starting in 2027, according to its second-quarter s…
Anthropic's anticipated initial public offering in October could become the largest ever, with investors expecting a valuation of at least $2 trillion (over 19 trillion Swedish kronor), surpassing Spa…
Dutch cloud company Nebius will open the Baltics' first AI factory in Tallinn, Estonia, with a 22-megawatt capacity, making it the largest in the region. The first phase is expected to begin operating…
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,…
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…
CoreWeave and Nebius shares soared after both companies reported revenue surges driven by accelerating AI infrastructure spending, with demand exceeding Wall Street expectations.…
Stocks traded higher on Wednesday after the Consumer Price Index report showed inflation moderated in July, with the Nasdaq Composite leading major indexes as technology stocks gained. Nvidia rose 2% …
Nebius (NASDAQ: NBIS) has disclosed pricing for its AI compute capacity at $20 million to $50 million per megawatt, with shorter-term contracts commanding a premium. The company, which rebranded from …