Cloud-based artificial intelligence infrastructure startup CoreWeave Inc. today announced it plans to buy the AI model development firm Weights & Biases Inc. for an undisclosed price. The company confirmed the acquisition plan just minutes after The Information first reported that […]
IPO-bound CoreWeave to buy AI developer Weights & Biases for a reported $1.4B Read More »
Cloud computing infrastructure provider CoreWeave Inc. is eying the public markets, hoping to cash in on investors’ insatiable appetite for all things artificial intelligence. The company said today it has filed the necessary paperwork for its initial public offering with
GPU cloud operator CoreWeave files to go public Read More »
Enterprise workflow software giant ServiceNow Inc. is taking artificial intelligence-powered automation to the telecommunications industry, announcing its first AI agents for communications service providers at the MWC25 event in Barcelona today. The new AI agents were developed alongside Nvidia Corp.,
ServiceNow’s newest AI agents bring intelligent automation to telecommunications firms Read More »
Elon Musk’s Department of Government Efficiency has been at it again, instructing the General Services Administration to eliminate its technology consulting unit, known as 18F. News of the decision first emerged on Saturday, but it remains unclear how many workers
Elon Musk’s DOGE shuts down the GSA’s technology unit Read More »
Shares of Dell Technologies Inc. were heading lower in extended trading today after the company reported fourth-quarter sales that came in below estimates and offered a mixed revenue outlook for the current quarter. The data center infrastructure and personal computer
Dell targets $15B in AI server sales this year, but it’s not enough for investors Read More »
The enterprise search technology company Elastic N.V. is getting a lot of attention today after delivering an explosive earnings and revenue beat and forecasting more of the same in the current quarter. The company reported third-quarter earnings before certain costs such
Elastic delights investors with earnings and revenue beats Read More »
Quanta Financial Inc. is planning to turbocharge the accounting industry with artificial intelligence after closing on a $4.7 million seed funding round today. The round was led by Accel Partners and saw participation from BaseCase, Comma Capital, Designer Fund, Operator
Cloud data warehouse company Snowflake Inc. crushed Wall Street’s targets as it delivered its fiscal 2025 fourth-quarter financial results today, and its stock popped in after-hours trading. The company reported earnings before certain costs such as stock compensation of 30
Snowflake’s stock surges on earnings crush and revenue beat Read More »
Shares of the data center infrastructure company Nutanix Inc. were flying high late today thanks to a crushing earnings and revenue beat and bullish guidance for the current quarter and full year. The company delivered fiscal second-quarter earnings before certain costs
VMware defections propel Nutanix to another strong earnings and revenue beat Read More »
Human resources and financial management software company Workday Inc.’s stock popped more than 12% in extended trading today after it posted strong quarterly results that surpassed analysts’ expectations. The company delivered fourth-quarter earnings before certain costs such as stock compensation
