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Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five la [...]
Hybrid cloud security must be rebuilt for an AI war it was never designed to fight
Hybrid cloud security was built before the current era of automated, machine-based cyberattacks that take just milliseconds to execute and minutes to deliver devastating impacts to infrastructure. The [...]
Here are all the games Microsoft added to Game Pass today, including a whole lot of Assassin's Creed
Xbox owners got a bit of a nasty surprise thanks to Microsoft’s sudden announcement today that the monthly cost of a Game Pass Ultimate subscription is getting a 50 percent increase. The new $30 mon [...]
Google’s Gemini can now run on a single air-gapped server — and vanish when you pull the plug
Cirrascale Cloud Services today announced it has expanded its partnership with Google Cloud to deliver the Gemini model on-premises through Google Distributed Cloud, making it the first neocloud provi [...]
Microsoft and OpenAI gut their exclusive deal, freeing OpenAI to sell on AWS and Google Cloud
Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Nvidia rival Etched raises $800M with backing from Jane Street and a TSMC-linked fund
AI chip startup Etched has raised $800 million and revealed that its backers include trading firm Jane Street and VentureTech Alliance, a venture firm with a strategic partnership with TSMC. The compa [...]
The AI compute gap: Enterprises are buying infrastructure faster than they can measure what it costs
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model [...]
CoreWeave joins the Nasdaq-100 just 15 months after its IPO, capping a wild ride from crypto mining to AI darling
CoreWeave, the AI cloud infrastructure company that began life as a New Jersey cryptocurrency mining operation called Atlantic Crypto, has been selected for inclusion in the Nasdaq-100 Index. The add [...]