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OPENAI CHIP DEAL
Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
- 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'...
- Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
- Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
- Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPOSpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent f...
- Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the yearNvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY20...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Cerebras shares skyrocket in debut as AI mania grips marketsCerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scal...
- Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchersNvidia CEO Jensen Huang and his wife are donating $108.3 million in computing time from CoreWeave to universities for AI research. This sig...
- OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI: court filingOpenAI CEO Sam Altman's significant investments in companies doing business with his AI firm have come under scrutiny. Court documents reve...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
- AMD shares jump 13% as AI chip demand lifts strong resultsShares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven...
- Anthropic commits to spending $200 billion on Google's cloud and chips: ReportAI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue b...
- OpenAI cofounder Greg Brockman discloses nearly $30 billion stake, financial ties to Sam AltmanCourt revelations show OpenAI President Greg Brockman holds a stake in the company worth almost $30 billion. He also has financial ties to ...
- Is the AI boom eating its own tail? The strange economics of billion-dollar dealsTech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fun...
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