Kore Infrastructure

CoreWeave, Inc.'s IPO debuted below expectations, but its $11.9B OpenAI deal and scalable growth capacity highlight potential. Click for more on the CRWV offering.

CoreWeave, an artificial intelligence (AI) start-up with the financial backing of none other than Nvidia (NASDAQ: NVDA), recently filed its S-1 with an expected valuation of approximately $24 billion.

China's AI startup Manycore Tech Inc. is keen to grow its global presence, despite tensions between Washington and Beijing presenting increasing challenges for Chinese companies to build cutting-edge technologies and market them abroad.

In today's AI infrastructure news, OpenAI and SoftBank plan to convert a former Sharp LCD plant in Osaka into a large-scale AI data center.

The country is falling behind in an intensifying cycle of innovation and competition involving AI and the changes in the industrial landscape AI will bring

As part of its focus on AI and computing, SK Telecom has previously invested $200 million in Penguin Solutions and invested in AI cloud firm Lambda. SK Telecom opened the Gasan AI data center in cooperation with Lambda last December as part of the former's new GPU-as-a-Service offering.

Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.

South Korea's three major telecommunications companies said Tuesday they have outlined their artificial intelligence (AI) business strategies at this year's Mobile World Congress (MWC) in Spain. SK Telecom Co.