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CoreWeave founders have dumped $2.3 billion in stock since IPOCoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave'...- CoreWeave deal turns $50 million into $12.5 billion — hedge fund strikes AI goldHedge fund Magnetar made a huge profit by investing in CoreWeave, an AI company using Nvidia GPUs. A small $50 million investment grew into...
- OpenAI’s Sam Altman willing to pour trillions of dollars into AI infrastructureOpenAI CEO Sam Altman said the company could invest trillions in AI infrastructure, exploring novel financing methods to fund massive data ...
- CoreWeave IPO investors sitting on big gains get chance to sellFor holders of more than 80% of CoreWeave’s Class A shares, with the IPO lockup expiring two days after its second earnings release as a pu...
- From non-profit to $500 billion: Sam Altman’s OpenAI’s dizzying valuation riseIt all started with some grants, donations, and modest investments from tech leaders. The company's valuation was low during its early year...
- US investor Pompliano strikes $1 billion merger to create bitcoin treasury companyUS investor Anthony Pompliano announced the creation of ProCap Financial, a bitcoin treasury firm aiming to hold up to $1 billion in Bitcoi...
- Infy lays off trainees; Amazon, Flipkart warehouses raidedIT major Infosys has laid off more trainees from its Mysuru campus. This and more in today's ETtech Top 5.
- OpenAI close to finalising its $40 billion SoftBank-led fundingOpenAI is nearing a $40 billion funding round led by SoftBank Group, with investors including Magnetar Capital, Coatue Management, and Foun...
- CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources sayThe discussions come at a time when investor interest in generative AI is sky-rocketing. The AI boom, which has powered chipmakers such as ...
- CoreWeave raises $2.3 billion in debt collateralized by Nvidia chipsCOREWEAVE-FUNDING/CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips
- SEC probes JPMorgan Chase credit deal: ReportSEC is investigating a $ 1.1-billion deal sold by JPMorgan Chase & Co, as part of a wider probe into complex mortgage securities at the hea...
- Reader's Digest sold for $1.6bnReader’s Digest Association, publisher of the pocket-sized magazine read by 80m people around the world, agreed to be bought by an investor...
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