Browsing Tag
OpenAI
201 posts
CoreWeave company profile: How a crypto miner built a $99.4bn AI cloud backlog
CoreWeave has transformed from a cryptocurrency-mining operation into one of the world’s fastest-growing artificial intelligence cloud providers, securing major commitments from Microsoft Corporation, OpenAI, Meta Platforms, Inc., Anthropic and Jane Street. Its $99.4 billion revenue backlog offers extraordinary visibility, but heavy debt, customer concentration and a planned $31 billion to $35 billion capital programme make execution as important as demand.
RingCentral (NYSE: RNG) jumps 25% as AI and cash flow reset the thesis
RingCentral stock jumped 25% after Q2 results. Can AI adoption, rising margins and free cash flow support the new RNG valuation?
AMD launches Helios rack-scale AI platform as $AMD trades near 52-week high
AMD is moving beyond individual processors with an open, rack-scale AI architecture designed to challenge Nvidia across hardware, networking, software and data centre deployment.
Infosys AI revenue reaches 8.2% but weaker FY27 growth outlook unsettles investors
Infosys reported resilient margins, stronger free cash flow and accelerating artificial intelligence revenue, but its reduced annual growth forecast highlighted continuing caution among global technology clients.
Why OpenAI’s sandbox breach could redefine AI cybersecurity risk
OpenAI’s sandbox breach involving Hugging Face raises urgent questions over AI agents, cyber safety, enterprise risk and regulation.
Travelers (NYSE: TRV) holds near record after a huge Q2 earnings beat
The Travelers Companies delivered sharply higher profit, stronger underwriting margins and rising investment income, but its valuation now leaves less room for catastrophe volatility.
Apple is fighting OpenAI in court because the next AI device may matter more than the chatbot
Apple’s lawsuit against OpenAI turns the AI device race into a legal fight over talent, suppliers and hardware know-how, even as Apple shares trade close to a 52-week high.
DigitalOcean (DOCN) Q2 RPO tops $800m, 10X YoY on nine-figure AI customer wins
DigitalOcean (DOCN) up 9.3% as Q2 RPO tops $800M, 10X YoY on nine-figure AI wins. Growth accelerates to 29%, capacity extends into 2028.
Cerebras Systems (CBRS) jumps 11% on 200MW Europe expansion and Flex 7x CS-3 output
Cerebras Systems (CBRS) jumps 11% on multi-billion Europe expansion targeting 200MW by 2027 and Flex partnership scaling CS-3 output 7x. OpenAI anchors demand.
Oracle’s $638bn AI backlog now exceeds its own market capitalization
Oracle's $638 billion AI backlog now exceeds its market cap, but capex and financing risk keep pressuring the stock.