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CoreWeave Launches $2 Billion Convertible Notes Offering; Stock Drops on Financing Plan

Investors are bracing for higher leverage, potential dilution and unresolved pricing.

Microsoft Fires Up Fairwater AI Superfactory, Linking Sites Into One Virtual Supercomputer

Alibaba Opens Second Dubai Data Centre to Expand Middle East Cloud and AI

Alibaba Cloud Opens Third Malaysian Data Center, Plans Second Philippines Site

Amazon Commits $20 Billion to Build Two Pennsylvania Data Centers

Oracle Secures $40 Billion Nvidia Chip Deal for OpenAI's Texas AI Hub

CoreWeave Surges Past $100 as AI Infrastructure Stocks Soar