According to a report by the Financial Times, some tech companies like CoreWeave, Crusoe, and Lambda Labs are fuelling the craze for Nvidia chips. Termed Neocloud companies, these are specialised ...

Microsoft's earnings exceeded expectations, driven by strong growth in its Intelligent Cloud unit. Read how the company ...

CoreWeave, one of the hottest startups in artificial intelligence, has reportedly selected Morgan Stanley, Goldman Sachs ...

GPU cloud provider CoreWeave has selected Morgan Stanley, Goldman Sachs Group Inc., and JPMorgan Chase & Co. to lead its ...

Take New Jersey-based CoreWeave. It had revenues of $25mn last year and negative ebitda of $8mn, said people close to the ...

Due mostly to the new Microsoft contract, CoreWeave, which offers cloud services renting access to Nvidia ( NVDA, Financials) AI chips, predicts its revenue will be around $8 billion next year.

Microsoft is set to invest around $10 billion in artificial intelligence (AI) cloud provider CoreWeave by the end of the ...

Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral ...

Wall Street giants have committed over $11 billion to a tech gold rush centered around Nvidia’s AI chips. Blackstone, Pimco, Carlyle, and BlackRock have ...

CBInsights noted that the quarterly AI (artificial intelligence) deal count surged to reach "highest" level since Q1’22 peak.

Read here for an analysis of Microsoft's FY1Q25 earnings report, with a focus on Azure's growth, supply constraints, and ...

CoreWeave recently told investors that Microsoft (MSFT) intends to spend roughly $10B between 2023 and the end of this decade utilizing the ...