The CoreWeave IPO priced at $40 a share, well below the official range. The Nvidia-backed cloud-computing startup tests demand for AI stocks.

OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank ...

New generative AI (genAI) models introduced this week by Google and OpenAI have put the companies’ data centers under stress ...

A stipulation of the funding round, led by SoftBank, is adding pressure to OpenAI’s efforts to convert to a for-profit ...

Nvidia, Tesla, and the rest of Big Tech are having a rough go of it, while China’s Terrific 10—Alibaba, Tencent, Meituan, ...

CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.

CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.

Alibaba's stock has rebounded by 60% this year, adding $100 billion to its valuation, after a rallying call from Jack Ma in ...

Mizuho raised the firm’s price target on Alibaba (BABA) to $170 from $140 and keeps an Outperform rating on the shares. The firm believes the ...

Xiao Li, a former real estate contractor who pivoted to AI infrastructure in 2023, has witnessed this transformation ...

With Apple Intelligence facing delays, is Tim Cook looking to China’s DeepSeek for a fix? The AI race is shifting—Apple may ...