The Business Times

CoreWeave

Telcos, Media & Tech

Nvidia invests US$2 billion more in CoreWeave, offers new chip

The world’s most valuable company has pledged tens of billions of US dollars towards AI companies

GPT-5 was so poorly received by some ChatGPT diehards that OpenAI was forced into an embarrassing rollback, making older models available again. CEO Sam Altman’s claim that GPT-5 was like talking to a “PhD-level” expert quickly became a joke.
Opinion & Features

Is the AI winter finally upon us?

The tepid reception of GPT-5 and the sell-off of CoreWeave could be an inflection point – or a bump in the road

CoreWeave's projected capital expenditure of between US$3 billion and US$3.5 billion for the second quarter was way above its revenue expectation of US$1.06 billion to US$1.1 billion.
Companies & Markets

Nvidia-backed CoreWeave to spend up to US$23 billion this year to tap AI demand boom

COREWEAVE is looking to spend US$20 billion to US$23 billion this year on AI infrastructure and data centre capacity, the Nvidia-backed company said on Wednesday, as it aims to meet the booming demand...

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