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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.

Seattle Mayor Bruce Harrell speaks during an open house at "AI House" in Seattle on Wednesday, alongside Ada Developers Academy CEO Tina-Marie Gulley,

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.

Wix and other web hosting providers are using AI to make website design easier and Zoom, Verizon and JotForm are rolling out AI agents to automate processes.

As AI continues to evolve, WPP his hoping to reposition itself at the forefront of industry engaged in an AI arms race.

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.

ServiceNow Inc. is nearing a deal to buy artificial intelligence firm Moveworks, people familiar with the matter said, in what would be its largest acquisition to date.

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