NEW YORK, NY – Shares of data analytics firm Palantir Technologies have become a focal point of market debate, driven by a tension between its foundational government work, its push into the commercial sector, and a valuation that keeps investors divided.
LIVINGSTON, NJ – Shares of CoreWeave (CRWV) have seen a significant rally recently, driven by strong quarterly results, increased investor confidence in AI infrastructure, and a substantial, oversubscribed debt offering. The company, an “AI neocloud” provider, is capitalizing on the surging demand for specialized computing power needed to fuel the artificial intelligence revolution.
Redmond, WA – Microsoft announced Tuesday it will lay off approximately 7,000 employees, about 3% of its workforce, in a move the company says will streamline operations as it intensifies its focus and investment in artificial intelligence technologies. The job cuts, revealed in a company statement, follow a similar reduction in 2023 and come despite the […]
