On Wednesday, shares surged after the Nvidia-backed company announced a $2 billion debt offering that matures in June 2023, with the notes yielding 9.25%. The raise came in half a billion dollars ...

While investor optimism sent the stock's price rallying, there are positions on the other side of the trade. Dusaniwsky noted that it's a crowded stock that's now "very squeezable" with a "squeeze" ...

JPMorgan Chase has agreed to lend more than $7 billion to the firms building OpenAI’s giant artificial intelligence data ...

The company also announced a strategic deal with OpenAI that tacks on $11.2 billion in its revenue backlog. The numbers on paper absolutely paint an exciting picture for CoreWeave. But the real world ...

CoreWeave's stock has surged 19% after the AI cloud provider announced a successful, oversubscribed $2 billion debt offering, ...

STORY: He’s the man who designed the original iPhone and other famous Apple products. Now Jony Ive is set to work for OpenAI. The ChatGPT maker is buying his hardware startup io Products in a deal ...

CoreWeave ( CRWV 18.79%) is the hottest new artificial intelligence stock on the market. The company held its initial public ...

McKinsey has appointed Michael Birshan to head its UK office, DD reports. He joined the firm in 2002 and most recently co-led its strategy and corporate finance practice. He succeeds Tunde Olanrewaju, ...

WASHINGTON-House Republicans made a series of last-minute changes to their sprawling tax-and-spending bill, searching for a path that could unite the party's warring wings headed into a nail-biter ...