Sign up to save your podcasts
Or
Share CoreWeave's AI Mega-Deal: NVIDIA's Billion-Dollar Bet on the Future
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
CoreWeave's AI Mega-Deal: NVIDIA's Billion-Dollar Bet on the Future
This is you Tech Industry Daily: Breaking News & Analysis podcast.
The tech industry is buzzing today following a major cloud infrastructure announcement: CoreWeave, with ongoing backing from NVIDIA, has struck a six point three billion dollar order for artificial intelligence computing capacity. NVIDIA will also commit to buying up any unused supply through 2032. This unprecedented partnership signals even deeper reliance between AI startups and semiconductor titans. CoreWeave, despite seeing its second quarter revenues surge over two hundred percent year-over-year to one point two one billion dollars, remains in the red by almost three hundred million dollars, showing both the explosive resource demands of modern AI workloads and the high stakes of scaling infrastructure. Market value for CoreWeave has now vaulted above fifty-eight billion on the back of colossal contracts like the recent eleven point nine billion dollar deal with OpenAI.
Turning to broader market movement, the FAANG stocks—Meta, Amazon, Apple, Netflix, and Google—continue to anchor technology sector returns. As of yesterday, the collective FAANG basket has returned over twenty-one percent year-to-date, outpacing the S and P five hundred and cementing its ten-year annualized leadership at nearly twenty-seven percent, according to PortfoliosLab. However, beneath those headline gains lies stark divergence: Netflix and Meta have been among the top individual performers, with year-to-date returns of thirty-two and twenty-one percent respectively, while Apple has seen a drop of over fourteen percent this year. This divergence reflects shifting consumer priorities, ongoing hardware supply chain constraints, and rapidly intensifying competition in artificial intelligence and content.
In Asia, optimism over artificial intelligence and the rollout of homegrown AI chips has lifted Chinese tech stocks to highs not seen since twenty twenty-one. The China Show highlights how in-house chip development is finally offsetting weak online sales for some of the country’s largest platforms, boosting confidence among both analysts and investors about China's ability to sustain momentum even amid ongoing chip shortages.
Looking ahead, listeners should watch for continued volatility driven by tight supply of specialized chips, expanding regulatory scrutiny of both American and Chinese platforms, and updates on CoreWeave’s and NVIDIA’s execution on these mammoth cloud and AI contracts. For startups and investors, the lesson is clear: scale, deep partnerships, and infrastructure control have become critical differentiators in tech’s AI arms race. A practical takeaway for business leaders is to prioritize resilient supply chains and seek alliances with infrastructure or semiconductor partners. For consumers, expect rapid improvements in AI experiences but brace for potential price fluctuations tied to tech hardware.
Stay tuned next week for more market-defining news and deep analysis. Thank you for tuning in—this has been a Quiet Please production. For even more, check out Quiet Please Dot A I.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
The tech industry is buzzing today following a major cloud infrastructure announcement: CoreWeave, with ongoing backing from NVIDIA, has struck a six point three billion dollar order for artificial intelligence computing capacity. NVIDIA will also commit to buying up any unused supply through 2032. This unprecedented partnership signals even deeper reliance between AI startups and semiconductor titans. CoreWeave, despite seeing its second quarter revenues surge over two hundred percent year-over-year to one point two one billion dollars, remains in the red by almost three hundred million dollars, showing both the explosive resource demands of modern AI workloads and the high stakes of scaling infrastructure. Market value for CoreWeave has now vaulted above fifty-eight billion on the back of colossal contracts like the recent eleven point nine billion dollar deal with OpenAI.
Turning to broader market movement, the FAANG stocks—Meta, Amazon, Apple, Netflix, and Google—continue to anchor technology sector returns. As of yesterday, the collective FAANG basket has returned over twenty-one percent year-to-date, outpacing the S and P five hundred and cementing its ten-year annualized leadership at nearly twenty-seven percent, according to PortfoliosLab. However, beneath those headline gains lies stark divergence: Netflix and Meta have been among the top individual performers, with year-to-date returns of thirty-two and twenty-one percent respectively, while Apple has seen a drop of over fourteen percent this year. This divergence reflects shifting consumer priorities, ongoing hardware supply chain constraints, and rapidly intensifying competition in artificial intelligence and content.
In Asia, optimism over artificial intelligence and the rollout of homegrown AI chips has lifted Chinese tech stocks to highs not seen since twenty twenty-one. The China Show highlights how in-house chip development is finally offsetting weak online sales for some of the country’s largest platforms, boosting confidence among both analysts and investors about China's ability to sustain momentum even amid ongoing chip shortages.
Looking ahead, listeners should watch for continued volatility driven by tight supply of specialized chips, expanding regulatory scrutiny of both American and Chinese platforms, and updates on CoreWeave’s and NVIDIA’s execution on these mammoth cloud and AI contracts. For startups and investors, the lesson is clear: scale, deep partnerships, and infrastructure control have become critical differentiators in tech’s AI arms race. A practical takeaway for business leaders is to prioritize resilient supply chains and seek alliances with infrastructure or semiconductor partners. For consumers, expect rapid improvements in AI experiences but brace for potential price fluctuations tied to tech hardware.
Stay tuned next week for more market-defining news and deep analysis. Thank you for tuning in—this has been a Quiet Please production. For even more, check out Quiet Please Dot A I.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
View all episodes
By Inception Point AiThis is you Tech Industry Daily: Breaking News & Analysis podcast.
The tech industry is buzzing today following a major cloud infrastructure announcement: CoreWeave, with ongoing backing from NVIDIA, has struck a six point three billion dollar order for artificial intelligence computing capacity. NVIDIA will also commit to buying up any unused supply through 2032. This unprecedented partnership signals even deeper reliance between AI startups and semiconductor titans. CoreWeave, despite seeing its second quarter revenues surge over two hundred percent year-over-year to one point two one billion dollars, remains in the red by almost three hundred million dollars, showing both the explosive resource demands of modern AI workloads and the high stakes of scaling infrastructure. Market value for CoreWeave has now vaulted above fifty-eight billion on the back of colossal contracts like the recent eleven point nine billion dollar deal with OpenAI.
Turning to broader market movement, the FAANG stocks—Meta, Amazon, Apple, Netflix, and Google—continue to anchor technology sector returns. As of yesterday, the collective FAANG basket has returned over twenty-one percent year-to-date, outpacing the S and P five hundred and cementing its ten-year annualized leadership at nearly twenty-seven percent, according to PortfoliosLab. However, beneath those headline gains lies stark divergence: Netflix and Meta have been among the top individual performers, with year-to-date returns of thirty-two and twenty-one percent respectively, while Apple has seen a drop of over fourteen percent this year. This divergence reflects shifting consumer priorities, ongoing hardware supply chain constraints, and rapidly intensifying competition in artificial intelligence and content.
In Asia, optimism over artificial intelligence and the rollout of homegrown AI chips has lifted Chinese tech stocks to highs not seen since twenty twenty-one. The China Show highlights how in-house chip development is finally offsetting weak online sales for some of the country’s largest platforms, boosting confidence among both analysts and investors about China's ability to sustain momentum even amid ongoing chip shortages.
Looking ahead, listeners should watch for continued volatility driven by tight supply of specialized chips, expanding regulatory scrutiny of both American and Chinese platforms, and updates on CoreWeave’s and NVIDIA’s execution on these mammoth cloud and AI contracts. For startups and investors, the lesson is clear: scale, deep partnerships, and infrastructure control have become critical differentiators in tech’s AI arms race. A practical takeaway for business leaders is to prioritize resilient supply chains and seek alliances with infrastructure or semiconductor partners. For consumers, expect rapid improvements in AI experiences but brace for potential price fluctuations tied to tech hardware.
Stay tuned next week for more market-defining news and deep analysis. Thank you for tuning in—this has been a Quiet Please production. For even more, check out Quiet Please Dot A I.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
The tech industry is buzzing today following a major cloud infrastructure announcement: CoreWeave, with ongoing backing from NVIDIA, has struck a six point three billion dollar order for artificial intelligence computing capacity. NVIDIA will also commit to buying up any unused supply through 2032. This unprecedented partnership signals even deeper reliance between AI startups and semiconductor titans. CoreWeave, despite seeing its second quarter revenues surge over two hundred percent year-over-year to one point two one billion dollars, remains in the red by almost three hundred million dollars, showing both the explosive resource demands of modern AI workloads and the high stakes of scaling infrastructure. Market value for CoreWeave has now vaulted above fifty-eight billion on the back of colossal contracts like the recent eleven point nine billion dollar deal with OpenAI.
Turning to broader market movement, the FAANG stocks—Meta, Amazon, Apple, Netflix, and Google—continue to anchor technology sector returns. As of yesterday, the collective FAANG basket has returned over twenty-one percent year-to-date, outpacing the S and P five hundred and cementing its ten-year annualized leadership at nearly twenty-seven percent, according to PortfoliosLab. However, beneath those headline gains lies stark divergence: Netflix and Meta have been among the top individual performers, with year-to-date returns of thirty-two and twenty-one percent respectively, while Apple has seen a drop of over fourteen percent this year. This divergence reflects shifting consumer priorities, ongoing hardware supply chain constraints, and rapidly intensifying competition in artificial intelligence and content.
In Asia, optimism over artificial intelligence and the rollout of homegrown AI chips has lifted Chinese tech stocks to highs not seen since twenty twenty-one. The China Show highlights how in-house chip development is finally offsetting weak online sales for some of the country’s largest platforms, boosting confidence among both analysts and investors about China's ability to sustain momentum even amid ongoing chip shortages.
Looking ahead, listeners should watch for continued volatility driven by tight supply of specialized chips, expanding regulatory scrutiny of both American and Chinese platforms, and updates on CoreWeave’s and NVIDIA’s execution on these mammoth cloud and AI contracts. For startups and investors, the lesson is clear: scale, deep partnerships, and infrastructure control have become critical differentiators in tech’s AI arms race. A practical takeaway for business leaders is to prioritize resilient supply chains and seek alliances with infrastructure or semiconductor partners. For consumers, expect rapid improvements in AI experiences but brace for potential price fluctuations tied to tech hardware.
Stay tuned next week for more market-defining news and deep analysis. Thank you for tuning in—this has been a Quiet Please production. For even more, check out Quiet Please Dot A I.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI