Sources: Oracle and OpenAI abandoned plans to expand a Stargate Texas data center amid financing disputes; Meta considers leasing the planned expansion site
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged …
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
Sources: OpenAI is laying the groundwork for an IPO in Q4 2026, and its executives have privately expressed concerns about Anthropic beating OpenAI to an IPO
Rivals are competing to be the first major generative AI startup to tap the public markets — OpenAI is laying the groundwork …
ASML CEO Christophe Fouquet says the company plans to cut 1,700 jobs, or 4% of its workforce, mainly in its Tech and IT organizations; ASML jumps 5%+ pre-market
Sarah Jacob /Bloomberg:NEW
ASML reports Q4 net sales of €9.7B, vs. €9.6B est., and €2.84B net profit, vs. €3.01B est., and says it expects China to account for 20% of its total 2026 sales
ASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead …
iNvidia invests $2B more in CoreWeave to speed up an effort to add 5GW+ of AI computing capacity by 2030 and deploy Nvidia's new Vera CPUs; CRWV closed up 5.7%
Nvidia invests $2B more in CoreWeave to speed up an effort to add 5GW+ of AI computing capacity by 2030 and deploy Nvidia's new Vera CPUs; CRWV closes up 5.7%
Nvidia Corp., the dominant maker of artificial intelligence chips, invested an additional $2 billion in CoreWeave Inc. to help speed …
Global futures markets were disrupted for several hours on Friday after CME Group suffered an outage due to a cooling failure at a CyrusOne data center
Global futures markets were disrupted for several hours on Friday after CME Group, the world's largest exchange operator …
Global futures markets were disrupted for several hours on Friday after CME Group suffered an outage due to a cooling failure at a CyrusOne data center
Global futures markets were disrupted for several hours on Friday after CME Group, the world's largest exchange operator …
CME Group says futures trading on its markets, including for the S&P 500 and Nasdaq, was halted on November 28 due to a cooling issue at CyrusOne's data centers
An outage at the world's biggest exchange operator, CME Group, has halted trade on its currency platform …
As OpenAI committed to spending ~$1.4T on data centers, it hasn't disclosed its auditor nor used an independent accountant to compile its financial statements
Just asking X: @michaeljburry , @silvermanjacob , @dariocpx , @jpatrades , @dariocpx , @michaeljburry , @samanthaladuc , @martinshkreli , and @aagresearch Bluesky: @smtuffy , @prie...
As OpenAI committed to spending ~$1.4T on data centers, it hasn't disclosed its auditor nor used an independent accountant to compile its financial statements
Just asking X: @michaeljburry , @silvermanjacob , @dariocpx , @jpatrades , @dariocpx , @michaeljburry , @samanthaladuc , @martinshkreli , and @aagresearch Bluesky: @smtuffy , @prie...
Sources: OpenAI is preparing for a US IPO that could value it at ~$1T and has explored raising $60B+, filing as soon as H2 2026, and listing in 2027
OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion …
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / C...
CoreWeave closes flat at $40 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021
CoreWeave's stock opened at $39 and closed at $40 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range.
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.