Fast-Tracking AI Infrastructure: CoreWeave Partners Deliver Data Center Power Early

CoreWeave, Inc. (NASDAQ:CRWV) is expanding its AI infrastructure across industrial engineering and government-backed research while its data-center partners make progress on new capacity.CoreWeave

BenzingaSep 10 22:52

Jim Cramer: This Tech Stock Is 'Terrific', Home Depot Takes Beating

On CNBC's "Mad Money Lightning Round," Jim Cramer said Akamai Technologies, Inc. (NASDAQ:AKAM) is "terrific."Lending support to his choice, Akami Technologies, on Aug. 6, reported better-than-

BenzingaSep 10 19:34

OpenAI and Anthropic Lobby S&P for BBB- Rating: Nearing Trillion-Dollar Valuations Amid Persistent Losses Challenge Credit Thresholds

AI laboratories such as OpenAI and Anthropic are lobbying S&P and Moody's to secure a BBB- investment-grade credit rating, akin to that of Oracle, in order to broaden their financing channels. However, the financial profiles of these entities differ significantly: while AI labs boast valuations nearing $1 trillion, they continue to incur losses, whereas Oracle maintains stable profitability but carries a debt burden of $168 billion. Rating agencies face a dilemma: overly lenient standards would underestimate risk, while excessively stringent criteria could draw criticism for being outdated.

wallstreetcnSep 10 05:24

Express News | Mining companies collectively lag behind: Bitcoin rises 22% in this rally, while the median gain among ten mining stocks is only 1.8%.

Since August 17, Bitcoin’s price has risen by approximately 22%, with shares of crypto trading platforms and stablecoin-related companies strengthening in tandem. However, Bitcoin mining firms have clearly underperformed. Among the 11 Bitcoin mining companies and related entities analyzed, only Canaan outperformed BTC; the other ten companies trailed Bitcoin, with a median gain of just 1.8% during the period. Core Scientific and TeraWulf posted the weakest performance, lagging behind Bitcoin by 27% and 24%, respectively. Analysts note that some mining firms have shifted toward high-performance computing (HPC) and AI data center operations in recent years. While this transition helped support stock prices during the crypto bear market, it also diverted focus from Bitcoin mining and introduced additional operational risks. Nevertheless, the dual strategy of AI data centers and Bitcoin mining could become a long-term advantage for mining firms: mining operations benefit during bull markets, while AI data centers can strengthen corporate balance sheets during downturns in the crypto market.

BreakingsSep 10 02:38

The “American Mining Dream” for Bitcoin miners shatters! Mining firms pivot to building AI data centers, with scarce electricity becoming a key factor in valuation reassessment.

Donald Trump’s plan to concentrate Bitcoin mining activities in the United States is unraveling amid the boom in artificial intelligence and the sharp decline in cryptocurrencies. Compared with last October, the computing power consumed by Bitcoin mining has decreased by 18%.

Zhitong FinanceSep 9 21:53

OpenAI’s enterprise business shows “strong momentum,” with CFO reporting a 32% month-on-month growth in July

OpenAI's enterprise business growth momentum is accelerating further. According to CNBC, OpenAI Chief Financial Officer Sarah Friar stated at a Goldman Sachs conference that the company's enterprise business has recently performed "very strongly." She revealed that OpenAI's overall annualized revenue run rate increased by 20% month-on-month from June to July, with the enterprise business growing by 32% month-on-month in July. Friar noted that while OpenAI's consumer business is also growing at a "quite robust pace," the performance of the enterprise business is more prominent. Enterprise customers are becoming an important driver of OpenAI's commercial expansion.

wallstreetcnSep 9 04:55