Categories: Tech & Auto

CoreWeave's slump spotlights growing burden of debt behind AI boom

By Aditya Soni and Anhata Rooprai Oct 15 (Reuters) – Shares and bonds of Nvidia-backed CoreWeave tumbled again on Thursday despite CEO assurances about its strong deal backlog, laying bare a growing

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Anthropic grants outside evaluator METR employee-level access in AI safety push

By Aditya Soni Oct 15 (Reuters) - Anthropic has given nonprofit METR employee-level access to…

2 minutes ago

Amazon launches two new portable AI listening devices

By Greg Bensinger SAN FRANCISCO, Oct 15 (Reuters) - Amazon unveiled two new devices on…

3 minutes ago

'Godfather' star Al Pacino to receive life achievement award from actors' guild

By Danielle Broadway LOS ANGELES, Oct 15 (Reuters) - Celebrated actor Al Pacino will receive…

5 minutes ago

INDIA SETS WINDFALL TAX ON DIESEL EXPORTS AT 8.5 RUPEES/LITRE EFFECTIVE OCT. 16 – ORDER

INDIA SETS WINDFALL TAX ON DIESEL EXPORTS AT 8.5 RUPEES/LITRE EFFECTIVE OCT. 16 - ORDER…

9 minutes ago

Infantino apologises to FIFA Council for FFE proposal mistakes

VIDEO SHOWS: COMMENTS FROM FIFA PRESIDENT GIANNI INFANTINO / FOOTAGE FROM FIFA COUNCIL MEETING COMPLETE…

10 minutes ago

Private credit faces deployment squeeze as fundraising hits record

By Patturaja Murugaboopathy Oct 15 (Reuters) - Private credit direct lenders are raising record sums…

13 minutes ago