CoreWeave, Inc. (NASDAQ: CRWV) the AI Hyperscaler™, today announced the next £1.5 billion phase of its investment in AI data centre capacity and operations in the United Kingdom, bringing the total investment in the country to £2.5 billion. The investment is designed to power the next wave of AI innovation by building facilities that prioritise sustainability and environmental responsibility.
U.S. stocks kicked off the week in green territory, driven by eye-catching gains from Tesla and Alphabet. But all eyes are now on the Fed's interest rate decision due Wednesday, one that could stir up the market far beyond the short-term rally.
Markets had another strong week as inflaton data set the stage for the Federal Reserve’s meeting next week; a rate cut is expected but may already be priced in
Nvidia strategically controls AI compute power through partnerships with Nebius and CoreWeave. Microsoft's deal with Nebius strengthens Nvidia's influence while leaving CoreWeave vulnerable. Hyperscalers now play by Nvidia's rules.
Oracle surged to a record high on an avalanche of AI-related orders, triggering a wave of optimism across Wall Street. While the Dow retreated, the S&P 500 climbed to yet another record, as cooling producer prices raised hopes for interest rate cuts.
