Coreweave


Markets

The Bull Case for Galaxy Digital Is AI Data Centers Not Bitcoin Mining, Research Firm Says

Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)

Markets

Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge

Galaxy shares surged 8% and are now 60% higher than their April lows.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)

Markets

OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher

AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange. (Michael M. Santiago/Getty Images)

Markets

CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece

Shares of the company debuted on Nasdaq on Friday under the ticker CRWV.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange. (Michael M. Santiago/Getty Images)

Markets

CoreWeave Goes Public at $40 Per Share, Raises $1.5 Billion

AI powerhouse Nvidia aims to anchor a $250 million order, Bloomberg reported.

cloud servers (CoinDesk archives)

Markets

Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B

A separate report said the AI-related firm is also cutting the size of its IPO to just $1.5 billion.

cloud servers (CoinDesk archives)

Markets

What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate

Whatever is good for CoreWeave is probably good for Core Scientific, but the IPO might not be the most important recent development.

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments

AI cloud provider faces setback as major client pulls back.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Finance

Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

The deal is valued at $1.7 billion, The Information reported.

cloud servers (CoinDesk archives)

Markets

AI Firm CoreWeave Files for IPO, Citing $1.9B in Revenue

The company is expected to raise $4 billion at a $35 billion valuation.

cloud servers (CoinDesk archives)

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