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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 [...]
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 [...]
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 [...]
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 [...]
Google Cloud takes aim at CoreWeave and AWS with managed Slurm for enterprise-scale AI training
Some enterprises are best served by fine-tuning large models to their needs, but a number of companies plan to build their own models, a project that would require access to GPUs. Google Cloud wants [...]