The AI race continues, CoreWeave securing massive $21B AI deal with Meta CoreWeave (NASDAQ: CRWV) shares rose 3% Thursday after the company announced a $21 billion expanded agreement with Meta Platforms to provide AI cloud capacity through December 2032.The long-term...
Putting away a little cash, Blackstone raises $10B for opportunistic credit fund Blackstone Inc. raised $10 billion for its latest opportunistic credit fund, the company said Tuesday.Blackstone Capital Opportunities Fund V was oversubscribed and closed at its hard...
You have to know when to fold them, Apple foldable iPhone engineering setbacks is causing investors to think twice Apple (NASDAQ: AAPL) shares fell 0.8% Tuesday morning following a report of engineering challenges with its first foldable iPhone that could delay...
A deal is a deal; Broadcom signs deal to supply custom chips to Google through 2031 Broadcom Inc. (NASDAQ: AVGO)Â announced it has entered into agreements with Google LLC to develop and supply custom Tensor Processing Units for future TPU generations and provide...
Crime doesn’t Pay, Super Micro Computer (NASDAQ: SMCI) stock plunged 27% following criminal charges against a company co-founder. The US charged Super Micro co-founder Yih-Shyan “Wally” Liaw with illegally diverting billions of dollars in Nvidia-powered...
Not meeting standards, Meta’s Avocado AI model underperforms versus peers, now official launch delayed Meta’s new frontier AI model, Avocado, has reportedly underperformed expectations and lagged competing products from Google, OpenAI, and Anthropic, according to a...
