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Nvidia invests $2 billion in CoreWeave to boost data center build-out

Nvidia has invested $2 billion in CoreWeave, becoming the AI infrastructure provider’s second-largest shareholder as the two companies deepen their partnership to expand data center capacity across the United States. The announcement pushed CoreWeave’s shares up 9% in premarket trading, highlighting investor confidence in the growing demand for AI-focused cloud infrastructure. CoreWeave is part of […]

Exclusive: Micron to announce memory chip manufacturing investment in Singapore

U.S. memory chipmaker Micron Technology is set to announce a new investment to expand memory chip manufacturing capacity in Singapore, according to sources familiar with the matter. The move comes as global industries face an acute shortage of memory chips driven by rapid expansion in artificial intelligence infrastructure and growing demand from consumer electronics. Sources […]

U.S. judge weighs school districts’ addiction claims against social media companies

A U.S. federal judge is considering whether school districts can take their lawsuits against major social media companies to trial over claims that platform designs knowingly addict young users. At a hearing in Oakland, California, attorneys for Meta and other companies argued that federal law shields them from liability, while school districts said they have […]