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The chip maker is acting as a combination of venture capitalist and central bank for the most important AI companies. The rewards outweigh the risks.

CoreWeave’s cloud platform will give Flow Traders dedicated compute capacity to train its AI models.

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The chip maker is acting as a combination of venture capitalist and central bank for the most important AI companies. The rewards outweigh the risks.

AI neoclouds are fueling US data center growth, but their higher risk profiles are complicating financing for investors and lenders.

NYU Stern Kerschner Family Chair in Finance Education Aswath Damodaran discusses the AI investment cycle and says smaller companies like CoreWeave are in 'danger territory' when it comes to debt, but does not see a concern for larger companies. He speaks with Emily Graffeo and Romaine Bostick on 'The Close.'

Applied Digital reported fourth quarter revenue that surpassed Wall Street estimates. Management linked the result to strong demand for its AI focused data center infrastructure. The company highlighted growing usage from AI clients, including existing contracts with CoreWeave. Applied Digital, traded as NasdaqGS:APLD, has drawn fresh attention after this latest revenue beat, with investors weighing the result against a recent share price of $26.375. The stock is down 12.2% over the past...

Meta Platforms (META) and asset manager BlackRock (BLK) have teamed up to develop a data center camp

CoreWeave, listed as NasdaqGS:CRWV, has been selected by Flow Traders as its primary AI cloud platform provider. The agreement will support foundation model training for AI-driven quantitative trading and shift high-intensity workloads to CoreWeave Cloud. This move highlights CoreWeave's focus on large-scale AI infrastructure and its push into quantitative finance use cases. For investors tracking CoreWeave, the Flow Traders mandate adds a new use case in AI-driven quantitative trading on...

CoreWeave lands Anam as a cloud customer, powering photorealistic AI avatars with low-latency GPU infrastructure across the US and Europe.

Applied Digital Corp (NASDAQ:APLD) reported fourth-quarter revenue of $258.7 million, up 407% from a year earlier, as the company accelerates its shift into a pure-play AI infrastructure developer. The company posted adjusted earnings of $0.04 per share for the quarter, compared with analyst...

Meta reported its Q2 earnings after the bell on Wednesday.

Meta will report its Q2 earnings after the bell on Wednesday.

Nvidia has signed leases worth up to $50bn for a massive Texas data centre, a previously undisclosed commitment that shines a new spotlight on...

Applied Digital beat Wall Street estimates for fourth-quarter revenue on Monday, riding on robust demand for ‌its data centers from an expanding roster of AI ‌clients. Shares of the company, which counts CoreWeave as a client, rose 5.4% in ​extended trading. Applied Digital designs, builds and operates data centers and provides colocation services for artificial intelligence, networking and blockchain workloads.

CoreWeave built the fastest path to $5 billion in cloud revenue history, then watched its stock collapse 40% as its biggest customer announced a move that sent Wall Street scrambling to pick sides.

Alphabet stock sank after earnings because of the company’s Al capex. The punishment ignores what all that money is for: Google Cloud’s AI servers.

Shares of CoreWeave (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS) moved higher on Monday after a report suggested Nvidia (NASDAQ:NVDA) is considering a substantial financing package to support OpenAI’s next-generation data center expansion. CoreWeave shares advanced 4%, while Nebius climbed 6% following a Wall Street Journal report that Nvidia is in discussions to provide approximately $250 billion in financing guarantees for a large-scale OpenAI infrastructure project.

The reported financing relates to a planned 10-gigawatt AI campus in Ohio, a project expected to exceed $500 billion once computing hardware is included.

(Bloomberg) -- The implosion of the once-hot market for cryptocurrency treasury stocks is prompting a number of firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working. Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOStocks and Bonds Rall

The early earnings loser is Alphabet’s stock, Trump set to propose new tariffs, what the Fed got wrong, and more news to start your day.

(Bloomberg) -- Nvidia Corp. is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, accelerating a streak of investments that skeptics warn is artificially inflating demand and valuations across the industry.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Bloc

Nebius' new business model is an attempt to overcome a huge hurdle.

Is Meta a customer or a competitor? Or is it both?

The neocloud company's stock has plunged, but its business model hasn't suddenly broken.

The stakes are high as hundreds of billions of dollars flow into AI data centers.

A report stating that Meta Platforms intends to sell its excess cloud computing capacity doesn't bode well for CoreWeave.

The AI cloud provider plans to spend about five times its past year's revenue building capacity in 2026.

These stocks are capitalizing on the growth of the emerging neocloud industry.

CoreWeave has nearly doubled Datadog in quarterly revenue, but profitability tells a starkly different story.