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Why CoreWeave is at the center of AI selloff
CoreWeave’s sharp stock decline has exposed the financial risks behind the AI infrastructure boom, even as strong demand and a bullish Goldman Sachs call suggest the company’s outlook is more complicated than the selloff implies.
Proofpoint to acquire Varonis in $6.3 billion Cybersecurity deal
Proofpoint plans to acquire Varonis in a $6.3 billion deal to strengthen its AI security capabilitiesfcy
Elon Musk becomes World’s First Trillionaire after SpaceX’s historic $75 billion IPO
Elon Musk becomes world’s first trillionaire following the public market debut of SpaceX
Anthropic hits $380 billion valuation after $30 billion funding round
The race to fund the future of AI is accelerating and the numbers keep getting bigger. The San…
Apple hits $4 trillion valuation as iPhone 17 drives market surge
Apple becomes third company in history to crack $4 trillion market value
Astronomer CEO Andy Byron resigns after viral Coldplay concert scandal
Andy Byron has stepped down as CEO of Astronomer after being seen in a viral concert video that…
UAE’s Masdar acquires Greece’s Terna Energy for €3.2 billion in major clean energy deal
Abu Dhabi-based Masdar has completed its €3.2 billion acquisition of Greece's Terna Energy
TSMC announces $100 billion US investment, sparking concerns over Taiwan’s semiconductor dominance
TSMC, the world’s largest chipmaker, announced plans to invest $100 billion in the United States
OpenAI rejects $97.4 billion Musk bid, saying company is ‘not for sale’
ChatGPT maker OpenAI’s board of directors has formally rejected an offer from a group of investors led by…
Amazon doubles down on AI with $100 billion spending plan for 2025
Amazon to double down on AI with plans to boost its total capital expenditures to $100 billion this year