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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C3 AI Explores Sale as Founder Steps Down Over Health Issues
Enterprise AI software provider C3 AI considers potential sale after founder Thomas Siebel's departure as CEO. Stock down 54% YTD amid financial struggles and leadership changes.
Indonesia Weighs Grab–GoTo Merger That Could Reshape Ride-Hailing Market
Indonesia considers a Grab–GoTo merger to boost jobs and strengthen the economy. A combined firm could control over 91% of the market.
Instacart's Big Wins: Strong Q3 Growth Fueled by AI and Lower Prices
Instacart delivered better-than-expected Q3 2025 results. Key drivers include huge order growth, new AI tools for grocers, and strategies focused on making online shopping more affordable.
Rumble to Acquire AI Infrastructure Giant Northern Data in $970M Deal Backed by Tether
Rumble announces acquisition of Northern Data AG in deal worth up to $970M, gaining 22,400 Nvidia GPUs and global data centers. Tether supports transaction as anchor customer.
Nvidia CEO: No Plans to Sell Blackwell AI Chips to China
Nvidia CEO Jensen Huang confirmed there are no active talks to sell Blackwell AI chips to China, citing U.S. restrictions and China’s lack of interest in Nvidia products.