CoreWeave tests investor appetite for AI

The company closed flat after a volatile trading debut and concerns over its business model

Financial Times - 1h

Europe must act to stop tech start-ups leaving to list in US, Swedish PM warns

Ulf Kristersson calls for EU capital markets union to put a halt to the exodus of homegrown companies

Financial Times - 1h

CoreWeave Scales Back Ambition for Its I.P.O.

The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty.

The New York Times - 3d

An AI-based drone that speeds up the detection and monitoring of wildfires is presented in Germany

A company that specializes on early wildfire detection has developed a new, AI-based drone that it says will help speed up the detection, location and monitoring of fires

ABC News - 2d

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

The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.

The New York Times - 2d

FCC chair opens investigation into Disney and ABC for DEI practices

Federal Communications Commission Chairman Brendan Carr has opened an inquiry into Disney and ABC's DEI programs, marking the second investigation of a major media company.

Los Angeles Times - 2d

How Climate-Resilient Chickens Could Help Fight Poverty

An initiative in Zambia is showing that a profit-seeking company can help rural farmers battling extreme weather breed chickens that lay more eggs.

The New York Times - 1d

Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender

Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.

The New York Times - 1d

Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO

CoreWeave has found a big market in selling Nvidia's popular AI processors, but the company has a challenging story to sell to public investors.

CNBC - 18h

23andMe bankruptcy: With America's DNA put on sale, market panic gets a new twist

Genetic testing company 23andMe's bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?

CNBC - 13h

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

CNBC - 7h

Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers

Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...

ABC News - Mar. 19

Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon

Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...

ABC News - Mar. 21

Nintendo Is Changing the Way Digital Games Work

During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.

Wired - 3d

Jen Salke to step down from her role at Amazon MGM Studios

Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.

Los Angeles Times - 3d

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday