The IBM 650 cost $500,000, compared to a million dollars for the UNIVAC. In eight years, 1,800 units were sold. However, the IBM 650 was a far cry from modern computers: It worked with a magnetic ...

In March 1975, a few technology tinkerers meet in a garage in Silicon Valley and found a computer club. Apple would not have ...

As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of CoreWeave stock ...

For nine years, the Phoenix Pay System has stood as a stark warning about the true costs of outsourcing critical government services. What began as a $5.8 million contract with IBM has now ballooned ...

CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...

Makers of hard disk drives, under growing pressure from faster rivals, hope a breakthrough will keep it the dominant ...

Amazon executives and employees have been frustrated by Microsoft's recent quantum claims, questioning the true significance ...

CoreWeave, headquartered in Roseland, New Jersey, will sell shares in the planned sale, as will certain current stockholders.

(Reuters) -Nvidia-backed CoreWeave's revenue surged more than eight-fold in 2024, the cloud provider disclosed on Monday in ...

Ahead of CoreWeave’s upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.

That’s a big, but not crazy big, leap over its last valuation in November when it closed a $650 million secondary ... as it did with IBM. Even so, CoreWeave’s customer list is enviable ...