Nvidia-backed CoreWeave closes flat at $40 after biggest U.S. tech IPO since 2021
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company's IPO at the Nasdaq ...
Tag: Meta Platforms Inc
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction ...
CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024.Carlos Rodrigues | ...
Utah governor signs online child safety law requiring Apple, Google to verify user ages
Utah Gov. Spencer Cox on Wednesday signed a bill that requires Apple and Google's mobile app stores to verify user ...
China’s open-source embrace upends conventional wisdom around artificial intelligence
China is focusing on large language models (LLMs) in the artificial intelligence space. Blackdovfx | Istock | Getty ImagesChina is embracing ...
Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley's Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a ...
The Magnificent 7’s lousy year, by the numbers
Elon Musk attends the first cabinet meeting hosted by U.S. President Donald Trump, in Washington, D.C., U.S., Feb. 26, 2025.Brian ...
Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech
The Wiz logo on a smartphone arranged in New York, US, on Tuesday, July 16, 2024.Gabby Jones | Bloomberg | ...
Telcos race to transition from ‘dumb pipes’ to tech players with help from AI
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency ...
Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry's top leaders flocked to Washington, D.C., for the presidential inauguration, part of ...
