Is CoreWeave’s Debut an Ill Omen for I.P.O.s?

Is CoreWeave’s Debut an Ill Omen for I.P.O.s?

The canary in the coal mine CoreWeave just pulled off the first big initial public offering this year — and the results were far from heartening. The company, which rents computing power to the artificial intelligence industry, shrank its I.P.O. far below initial expectations before Friday’s anticipated trading debut. That’s …

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DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley

DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley

Good morning on this action-packed Monday. Mark this week on your “History of Artificial Intelligence Timeline”: The creation of DeepSeek, the Chinese A.I. sensation that we told you about last week, is shaking the technology industry to its core. The super-efficient, open-source software is raising questions about the valuations of …

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