US-based AI cloud computing provider CoreWeave has completed a $650m secondary share sale. According to a source cited by Reuters, the deal has boosted the company's valuation to more than $23bn, up ...

The company launched the iPhone 16 in September, and more recently an updated iOS with AI features. Other recent product ...

and Microsoft. Risks related to uncertainty in AI implementation success and potential overvaluation make growth funds such ...

(Reuters) - AI cloud startup CoreWeave ... service providers such as tech giant Microsoft's Azure and Amazon's AWS. The round included additional participation from Cisco Investments, Pure Storage, ...

AMD, a Santa Clara-based chipmaker, said on Wednesday that it will lay off 4% of its staff around the world, as the longtime ...

Investors have been eager to sink money into companies that are enabling generative AI, which can create text, images and ...

AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar, ...

Across every industry, AI is creating a fundamental shift in what’s possible, enabling new use cases and driving business ...

Denmark unveiled a blueprint on how to use generative AI in the corporate world to help firms get into compliance with strict ...

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For example, Blackrock's widely used Aladdin portfolio management ... and a national columnist. More: AI robot trader dumped Microsoft, Amazon stocks and went defensive. Here's what it bought. Plus: ...