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The project will be split into two phases, with the first phase expected to be completed by the summer of 2027.
AI accounted for nearly two-thirds of all fundraising deal value in the first half of 2025, with the bulk of those dollars ...
Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...
SoftBank, OpenAI and Oracle committed to invest $100B in AI infrastructure, but the latter two firms have since moved forward ...
OpenAI and SoftBank didn’t immediately respond to requests for comment on the report. However, OpenAI appeared to indirectly ...
In the largest stocks, the rally over the past month in stocks including Nvidia (NVDA) and Apple (AAPL) has not been accompanied by a rise in volatility. But in the first quarter of 2024, those ...
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A joint venture between OpenAI and SoftBank to develop $500 billion worth of data centers for artificial intelligence is off to a slow start. The companies have scaled back their initial plans due to ...
Hive Digital Technologies is evolving from Bitcoin mining to high-performance computing, aiming for a $100 million run rate using Nvidia AI chips and global data centers.
Shares of CoreWeave (NASDAQ: CRWV) are up another 6%, or $7.60, this morning. This is after the AI-cloud computing company – ...
CoreWeave said Monday it would raise $1.5 billion in debt, two months after it raised $2 billion to help refinance existing debt. The artificial-intelligence chip rental company has soared more than ...
CoreWeave (NASDAQ: CRWV) shares rise on announcement of $1.5B senior notes offering. Barclays maintains Equal-Weight rating ...
Blackstone pledged $25 billion to data center and energy infrastructure in Northeast Pennsylvania, launching a joint venture ...
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