Sunday, December 3, 2023

CoreWeave, which offers Nvidia GPUs in the cloud, says it closed a minority stake sale to investors led by Fidelity; sources: the sale values CoreWeave at $7B (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg:
CoreWeave, which offers Nvidia GPUs in the cloud, says it closed a minority stake sale to investors led by Fidelity; sources: the sale values CoreWeave at $7B  —  - IMCO, JPMorgan Asset Management, Zoom Ventures bet on startup  — Nvidia, Magnetar Capital are among its existing investors



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Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...