CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO
CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year contract worth $11.9 billion with ...
DatacenterDynamics5h
OpenAI agrees $11.9bn AI cloud deal with CoreWeave - report
According to Reuters, which first reported the news, CoreWeave will not receive any IPO proceeds from the OpenAI stake. The ...
Nextgov2h
OpenAI anticipates rapid data center scaling thanks to Trump
OpenAI Chief Product Officer Kevin Weil said the company’s AI offerings will benefit from the Trump administration’s tech ...
Nvidia confronts increasing competition as AI inference emerges as new frontier
Nvidia faces rising competition in AI inference as rivals like DeepSeek, Cerebras, and Big Tech firms target the growing ...
NewsBytes14h
OpenAI invests $12B in CoreWeave to expand AI infrastructure
OpenAI has signed a five-year deal with GPU-focused cloud service provider CoreWeave. The deal, reportedly worth $11.9 ...
Oracle gives strong outlook on cloud, fueling Stargate optimism
The company sees solid demand for its cloud infrastructure for generative AI and partnerships. Read more at straitstimes.com.
Oracle Misses on Earnings but Stock Rises on New Deals with Nvidia, Meta, and OpenAI.
Oracle stock was rising in late trading Monday despite the company reporting fiscal third-quarter results below Wall Street’s ...
The Business Times20h
Oracle gives strong outlook, fuelling Stargate cloud optimism
NEW YORK] Oracle reported a surge in bookings and gave a revenue forecast for the fiscal year beginning in June that topped ...
Microsoft's OpenAI "tech bromance" dodges UK merger probe — as it builds in-house models and tests DeepSeek in Copilot to break away from the ChatGPT maker
After investigating Microsoft's partnership with OpenAI, the UK’s Competition and Markets Authority (CMA) says it's not a ...
White House seethes over ‘stab in the back’ by OpenAI chief Sam Altman
Trump’s team made AI the top item on Trump's first 100 hours “Golden Age” list, but now some are regretting that.
Oracle misses expectations and guidance was also weak, sending its stock lower
As for guidance, Oracle said it’s expecting revenue growth of between 8% and 9% in the current quarter, trailing Wall ...
Oracle shares turn lower as quarterly revenue miss overshadows cloud deals
In the fiscal third quarter, Oracle reported total revenue of $14.13 billion, up 6% year over year, down from analysts' consensus estimates of $14.38 billion. The company's cloud-services and support ...