CoreWeave Inc
CoreWeave inks $6.5 billion deal with OpenAI
Michael Intrator, co-founder and chief executive officer of CoreWeave Inc., during an interview on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 22, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave on Thursday announced a $6.5 billion deal with OpenAI, expanding its current agreement with the […]
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Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But […]
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Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
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StubHub’s stock plunges 10% in third day on NYSE as post-IPO slump deepens
Ticket reseller StubHub signage on display at the New York Stock Exchange for the company’s IPO on Sept. 17, 2025. NYSE After a long wait to get public, StubHub has had a rough start to life on the New York Stock Exchange. Shares of the online ticket vendor dropped 10% on Friday, falling for a […]
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AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang
Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling […]
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Netskope soars 18% on first day of trading, reaches $8.6 billion market cap
Netskope jumped more than 18% in its Nasdaq debut on Thursday, pushing the cybersecurity firm to $8.6 billion in market value. The stock debuted at $23 under the ticker symbol “NTSK,” after Netskope sold shares at $19 on Wednesday at the top end of its recently upped pricing range. The sale raised over $908 million. […]
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Netskope prices IPO at $19, valuing company at $7.3 billion
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Cybersecurity company Netskope is eying a $7.3 billion valuation after pricing shares at $19 for its upcoming IPO, at the top end of its expected range. Netskope will start trading on Thursday on the Nasdaq under the ticker symbol “NTSK.” The share sale raised $908.2 […]
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Dell shares fall on soft third-quarter earnings outlook
A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance that below Wall Street’s expectations. Here’s how the systems […]
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Microsoft starts testing AI model that could escalate competition with OpenAI
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has largely relied on OpenAI’s artificial intelligence models to power AI features in its key products. It’s trying to lessen […]
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Cybersecurity firm Netskope files to go public on the Nasdaq
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The […]
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