Microsoft to Invest $10 Billion in CoreWeave for AI Cloud Infrastructure
Microsoft (MSFT, Financials) plans to invest $10 billion in CoreWeave, a cloud computing startup specializing in artificial intelligence infrastructure, over the next six years.
This calculated action seeks to improve Microsoft’s artificial intelligence capacity and guarantee the necessary resources for running sophisticated AI systems.
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Read MoreWant to invest in the AI megatrend? Morgans names its 2 preferred ASX shares
Top broker Morgans says ASX shares investors can capitalise on the artificial intelligence (AI) megatrend in a number of different ways.
While the Australian share market doesn’t have major AI services companies like Nvidia Corp, Microsoft Corp, and Alphabet Inc,
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Read MoreLooming US-China trade war could hit Australia’s exports: experts
Tokyo | Australia has cautioned against a trade war following this week’s US presidential election, as experts warned slapping hefty US tariffs on Chinese products could hurt Australia’s plans to boost agricultural exports.
Trade Minister Don Farrell was in Shanghai this week to meet with his Chinese counterpart Wang Wentao.
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Read MoreUAE Hodler Investments and GCL Energy Investment partner to launch distributed energy Infrastructure in Ethiopia
- The agreement will entail the launch of distributed energy infrastructure that will utilize HODLER Investments’ digital energy platform, PermianChain, to monetize wasted energy such as flared gas to reduce CO2 emissions and to power AI and blockchain datacenter infrastructure.
Dubai, UAE: UAE Hodler Investments, a UAE based investment company headquartered in the Dubai,
Read MoreThe Burst
Alert: $182 Price Target on AI Stock, Wall Street Forecast
Investment Alert: Buy Snowflake Under $140 Per Share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Read MoreThe Ivy
Bizarre Trend To Appear In Next 8 Weeks
Some things are just hard to explain away, like why a stock will dramatically outperform at certain times of the year. But that’s exactly the case for Performance Food Group, a company very few investors have even heard of let alone invested in.
Performance Food Group is a standout candidate over the next couple of months for investors who are willing to bet on the increasingly embraced idea of seasonality.
» Read more about: Bizarre Trend To Appear In Next 8 Weeks »
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