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Home > Latest

Lates News

date
12/08/2026
According to Business Insider, the layoff rate for some of Oracle's business teams may reach double-digit percentages.
Latest
3 m ago
The FTSE A50 futures index closed down 0.09% in the night session, at 14,925 points.
10 m ago
CoreWeave CEO: The short-term computing capacity has actually been completely sold out, and the contractual commitments reached as a result are becoming increasingly favorable.
11 m ago
CoreWeave CEO: Customer contracts signed in the second quarter are expected to contribute profit margins that exceed those of new contracts in recent quarters by 5-10 percentage points.
11 m ago
Supermicro CEO: Due to short-term delays impacting some customers in the power, thermal management, and networking businesses, fourth-quarter revenue is expected to be $11.1 billion.
15 m ago
Coreweave (CRWV.O) rose 12% in after-hours trading on Tuesday, following the announcement of a second-quarter revenue of $2.58 billion, a 112% increase year-over-year, which exceeded Wall Street expectations, demonstrating the rapid growth in market demand for AI computing power. The net loss was $626 million, up from a loss of $290 million in the same period last year. Current order reserves have reached $104 billion, with a capacity of 1.5 gigawatts in ongoing projects. CoreWeave is accelerating its data center expansion to compete with cloud computing giants like Amazon, Google, and Microsoft for the market of data centers equipped with chips capable of running generative AI models. However, CoreWeave has not yet achieved profitability. As of the end of this quarter, the company's balance sheet reflects a debt load of $35 billion, used to finance the acquisition of NVIDIA GPUs and other equipment costs. This quarter, Meta announced it would invest an additional $21 billion into CoreWeave. Additionally, CoreWeave announced a long-term partnership with Anthropic and secured a $6 billion commitment from quantitative trading firm Jane Street.
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