CoreWeave, a cloud provider backed by NVIDIA, secured a $6.3 billion order for AI computing capacity, with NVIDIA agreeing to buy any unused supply through 2032. The deal highlights CoreWeave’s reliance on NVIDIA, its sole GPU supplier and investor, while boosting its role in powering AI workloads. Despite strong growth—$1.21 billion in Q2 revenue, up 207% year-over-year—the company remains unprofitable, losing $290.5 million. Major contracts, including an $11.9 billion deal with OpenAI, have fueled demand and pushed CoreWeave’s market value above $58 billion.

Time Stamps:

• 0:00 - Cold Open
• 0:25 - Welcome to the Tech Field Day News Rundown
• 1:20 - Tarboro Data Center Rebuff Tests North Carolina’s Development Future
• 5:17 - Broadcom and OpenAI Team Up for AI Chips
• 8:53 - OpenAI and Microsoft Restructure Deal
• 12:20 - Scattered Lapsus$ Hunters is shutting down
• 14:59 - Google Sued by Rolling Stone Owner for AI Summaries
• 18:26 - Anthropic Report Reveals Misuse of Claude in Cyberattacks
• 21:31 - CoreWeave and NVIDIA Strike $6.3 Billion Cloud Deal
• 24:44 - Microsoft Partners with Nebius in AI Cloud Deal
• 29:16 - The Weeks Ahead
• 31:16 - Thanks for Watching the Tech Field Day News Rundown

Follow our hosts ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tom Hollingsworth⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Alastair Cooke⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Stephen Foskett⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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