CoreWeave has agreed to supply Meta Platforms with as much as USD14.2 billion ($21.5 billion) worth of computing power to help the social media giant develop and power its advanced AI models, the ...

CoreWeave (NYSE:CRWV) stock rose 8% Tuesday morning after the AI infrastructure company announced a deal to supply Meta Platforms (NASDAQ:META) with up to $14.2 billion worth of computing power.

California Gov. Gavin Newsom on Sept. 29 signed the nation’s first law requiring major AI developers to disclose their safety protocols, a move that could set the stage for national standards, ...

CoreWeave firm secures $14.2 billion dollar Meta contract, draws bullish analyst coverage, and awaits Core Scientific merger vote.

CoreWeave, a cloud computing company specialising in GPU-based infrastructure, has struck a $14 billion deal with Meta to ...

Meta has long built its own data center infrastructure, and is currently developing a 1GW data center campus, followed by an ...

I agree to the Terms of Use , Privacy Notice and Cookie Notice. I would like to receive updates and special offers from Dow ...

The AI boom has triggered one of the costliest building sprees in history. Over the past three years, leading tech firms have committed more capital expenditure toward AI data centres, chips and ...

Online advertising could be set to gain from an “AI land grab” that could accelerate the whole market, according to Mizuho.

The artificial intelligence industry has a big problem: 95% of companies that try AI aren’t making any money from it, according to a report from the Massachusetts Institute of Technology last month.

Granted, there are concerns about CoreWeave's customer concentration, as the company is tied closely to OpenAI. Daryanani said that nearly 80% of CoreWeave's revenue last quarter was linked to ...