US-based AI cloud hosting company CoreWeave is planning to invest between $20bn and $23bn this year in AI infrastructure and ...

The company's financial results indicate a strong commitment to developing AI infrastructure, despite the ongoing trade ...

Microsoft's planned layoffs will cut 3%, nearly 6,000 employees, across all levels, teams, and geographies to reduce layers ...

CoreWeave: The company's projected capital expenditure of between $3 billion and $3.5 billion for the second quarter was way ...

SoftBank posts first positive earnings in 4 years. Click to read more about key risks, $40B OpenAI investment, ARM's high ...

Live Updates Live Coverage Updates appear automatically as they are published. What to expect tonight 10:30 am Analysts are ...

CoreWeave's AI cloud revenue soars in Q1 2025, but heavy debt and capital intensity raise concerns. Read why I maintain a ...

Elon Musk is setting the stage for what could be one of the artificial intelligence industry’s biggest financial leaps.

The cloud provider posted a fivefold jump in revenue in its first earnings report as a public company, but warned that higher ...

Nearly 600 attendees learned about life sciences industry trends and heard from 93 presenting biotechnology companies at ...

The Trump administration is already gearing up for another round of Medicare drug price negotiations, while OpenAI launched a ...

Klarna CEO Sebastian Siemiatkowski told CNBC his company has shrunk its workforce by about 40%, in part due to its ...