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Category CoreWeave

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

The Q2 split favored colocation, although management did not say conversion had become compulsory. The post Core Scientific lost 56% on Bitcoin min...
Coreweave’s Bold Defense: CEO Champions AI Circular Deals as Strategic Collaboration

Coreweave’s Bold Defense: CEO Champions AI Circular Deals as Strategic Collaboration

BitcoinWorld Coreweave’s Bold Defense: CEO Champions AI Circular Deals as Strategic Collaboration In the high-stakes world of AI infrastructure, C...
OpenAI’s data center partners pile up $100 billion in debt as AI build‑out ramps up

OpenAI’s data center partners pile up $100 billion in debt as AI build‑out ramps up

OpenAI’s partners are going into deep debt, almost $100 billion, to keep up with its extreme computing needs. The company behind ChatGPT isn’t taki...
Cathie Wood boosts stake in Alphabet with 174,000-share buy

Cathie Wood boosts stake in Alphabet with 174,000-share buy

Cathie Wood is leaning harder into tech. On Tuesday, Ark Invest picked up 174,293 shares of Alphabet, the parent company of Google.
Nvidia’s AI deals don’t add up on deeper review

Nvidia’s AI deals don’t add up on deeper review

Nvidia invested up to $10 billion in Anthropic, which agreed to buy $30 billion in compute from Microsoft using Nvidia chips.