Shares of CoreWeave fell about 15% on Friday after the company’s plans to double capital expenditures this year fueled investor concerns about pressure on margins and the effective returns from its artificial intelligence efforts. If current losses hold, CoreWeave is expected to lose more than $8 billion in market value. The cloud infrastructure company has […]
The past 25 years have been an uneven ride (Microsoft) One reader places the blame for Xbox’s current problems squarely on Microsoft, blaming management failures, a lack of vision and an unwillingness to take risks. It was November 2001 when Microsoft entered the gaming console arena. The cyberpunk-style green dashboard was dazzling and had one […]
Microsoft is preparing to make another change to the humble Notepad app. According to Windows LatestInternal testing on Windows 11 shows that the classic text editor gets full image support. Notepad was once just a simple plain text typing tool, but that simplicity has steadily evolved over several updates. Microsoft has modernized Notepad with autosave, […]
The AI industry’s push for licensable content has been a messy affairfilled with lawsuits and allegations of copyright infringement. As tech companies look for legally secure sources of AI training data, Amazon is reportedly considering launching a marketplace where publishers can license their content directly to AI companies. The information reported On Monday, the e-commerce […]
Anthropic is in the final stages of raising $20 billion in new capital at a valuation of $350 billion, according to Bloomberg reportswith investor demand leading to the company raising twice as much funding as it wanted to obtain. The company raised $13 billion in equity financing just five months agobut intense competition between border […]
If you have been a participant or follower of the stock markets for a decade or more, you know that the past week has been anything but normal. No, it’s not just about the crazy volatility of gold and silver or the fall in the price of bitcoin. What made it exceptionally unusual was the […]
Walmart is now one of the tech bros. The retail giant crossed the $1 trillion market capitalization threshold on Tuesday, joining an exclusive club consisting mainly of companies like Apple, Microsoft and Amazon. Walmart shares are up more than 28% in the past year and more than 14% so far in 2026. The secret of […]
OpenAI, already a company valued at $500 billionhas announced that he is on the hunt another $100 billion of investments. Such a funding round could result in the company’s valuation skyrocketing to a whopping $830 billion. The Wall Street Journal is here now reporting that Amazon can contribute at least $50 billion of that record-breaking […]
Tiger Global and Microsoft are set to exit PhonePe entirely as the Walmart-backed digital payments giant moves closer to a blockbuster public listing. This provides a clear snapshot of how global investors are making money from bets made during India’s FinTech boom. Bengaluru-based PhonePe has filed an updated Draft Red Herring Prospectus (UDRHP) with market […]
The infrastructure to develop and power generative artificial intelligence models will require additional “trillions” of dollars in investment, the head of top AI chipmaker Nvidia said on Wednesday.Nvidia boss Jensen Huang spoke at the World Economic Forum in Davos, where AI boosterism was overshadowed by a transatlantic confrontation over US President Donald Trump’s desire to […]