CoreWeave Lowers 2025 Revenue Outlook Amid AI Supply Constraints
CoreWeave Q3: $1.36B revenue, $55.6B backlog, margins drop to 4%. 2025 outlook cut to $5.05–$5.15B on supply delays, high AI demand.
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Nebius Launches “Token Factory” to Power Open Source AI Models
Nebius Group NV introduces Token Factory, a new AI cloud service that lets users run open source models like Llama and DeepSeek, competing with Amazon and Microsoft in the growing AI infrastructure market.
IAC Bets Big on AI with Microsoft Copilot Deal After Q3 Revenue Dip
IAC signs an AI content licensing deal with Microsoft’s Copilot after a challenging Q3 2025. People Inc. drives digital growth as the media giant seeks stability amid industry disruption.
Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.
IREN Lands Massive $9.7 Billion AI Deal with Microsoft
IREN secures a historic $9.7 billion GPU cloud services contract with Microsoft to power AI infrastructure with NVIDIA's latest technology at their Texas facility.
OpenAI Eyes Trillion-Dollar IPO: The Financial Groundwork Behind the AGI Mission
OpenAI is reportedly preparing for an initial public offering (IPO) that could value the company at up to $1 trillion, aiming to raise massive capital to finance CEO Sam Altman’s multi-trillion-dollar AI infrastructure plans.