CoreWeave chief Michael Intrator tests market faith in AI hype
Hyper-rational’ CEO secured important deals with Blackstone and Microsoft to create a cloud computing giant ahead of IPO ...
Transcript: What does CoreWeave’s IPO say about the market?
Robert Armstrong It is a difficult moment to set sail on the initial public offering market. There was a pretty serious correction in US stocks earlier this year that hit tech stocks the hardest of ...
CoreWeave raises $1.5bn in scaled- back IPO as investors’ AI enthusiasm cools
US natural gas exporter Venture Global, which was billed as a blockbuster IPO, has fallen more than 50 per cent since it went ...
Why the nuclear renaissance is ‘far from certain’
A new report from consultancy ICF found a nuclear renaissance was “far from certain”, citing doubts over economic viability, technological scalability and long timelines.
Microsoft pulls back from more data center leases in US and Europe, analysts say
Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six ...
The 'AI economy is currently a closed loop' - and that's probably why OpenAI, not Microsoft, invested a whopping $12bn in CoreWeave
Microsoft pulled out of a $12bn deal with CoreWeave, citing delays OpenAI took over the contract, backed by Microsoft’s own ...
CoreWeave's retail appeal may be tempered by IPO timing, financial pressures
The listing comes at a time when IPO-bound companies, even in the most high-profile sectors, have been under intense scrutiny ...
CoreWeave stock slides after IPO in first big test of AI trade
The AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV. The stock fell around 6% ...
It’s no metaphor — undersea cables hold together our precarious modern life
The Elon Musks of the world might want us to believe that Starlink is the true wave of the future, but we will be using ...