Nebius
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techCoreWeave and Nebius Surge Following Nasdaq 100 Index Inclusion
AI infrastructure firms CoreWeave and Nebius rally after securing spots in the Nasdaq 100, signaling growing institutional demand for AI cloud computing capacity.
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techAI21 Labs Slashes Workforce by 60%, Pivots Entirely to Maestro Platform
The Israeli AI company cuts 110 jobs and abandons standalone language models, betting its future on the enterprise agent orchestration platform Maestro.
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techCoreWeave Beats Revenue Estimates as AI Demand Supercharges Cloud Business
CoreWeave tops Q1 revenue estimates, reporting $2.08B as AI demand drives its specialized cloud services.
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financeNebius Secures $4.3B in Debt to Fuel AI Infrastructure Push
European AI infrastructure leader Nebius raises $4.34 billion in convertible debt, backed by major deals with Meta and Nvidia, to fund its $20 billion capital spend through 2026.
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techNebius Targets $3.75B Convertible Loan Amid $29B in New AI Deals
Nebius, Europe's largest AI infrastructure firm, plans a $3.75 billion convertible loan to scale its AI cloud services following landmark deals with Meta and Nvidia.
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techMeta Eyes 20% Layoffs Amid Aggressive AI Spending
Meta Platforms may cut 20% of its 79,000-person workforce to offset $135B AI investment by 2026.
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techNebius Secures $27B AI Deal with Meta
Nebius Group signs landmark five-year agreement with Meta to deliver $12B in AI computing, with up to $27B total value. Expansion accelerates AI cloud growth.
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techMeta Stock Surges on Report of 20% Layoffs Amid AI Spending Push
Meta shares rise as reports surface of sweeping workforce cuts to fund massive AI investments and boost productivity.