US Stocks: CoreWeave Shares Plunge 15% as Doubling Capex Raises Margin Concerns

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 […]

Amazon may launch a marketplace where media sites can sell their content to AI companies | TechCrunch

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 […]

Tiger Global and Microsoft prepared for a full exit as PhonePe updated its IPO papers

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 […]

Nvidia boss sees ‘trillions’ in AI spending ahead

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 […]