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filed in February for what could be Hong Kong's largest IPO since 2021, when short-video company Kuaishou listed. News of China-based DeepSeek's claims to rival OpenAI's ChatGPT in reasoning ...
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CoreWeave: Riding the AI Wave Ahead of Earnings
What Does CoreWeave Do? In simple terms, Zacks Rank #3 (Hold) stock CoreWeave (CRWV) is an AI cloud-computing company that ...
It turns out that Nvidia actually stepped in to support the IPO. In Nvidia's first-quarter 13F filing with the Securities and Exchange Commission, Nvidia reported owning close to 24.2 million shares, ...
DeepSeek is backed by High-Flyer Capital Management, a Chinese quantitative hedge fund that uses AI to inform its trading decisions. AI enthusiast Liang Wenfeng co-founded High-Flyer in 2015 ...
Investors had been eyeing the IPO as a barometer for the broader AI trade, which has struggled since DeepSeek made waves in January and as growth headwinds hurt enthusiasm for the biggest tech names.
But they added that the DeepSeek developments could affect it if it pushes ahead with an IPO. Investors in the company have also expressed concern that the government’s embrace of DeepSeek ...
With its massive parameter count, R1 likely requires specialised hardware and won’t run on consumer-grade machines without ...
The company said earlier this month that it plans to use about $1 billion of the IPO proceeds to reduce debt. Some experts have also brushed aside concerns stemming from DeepSeek, noting that ...
It shows investors are getting more confident [about] China," he said, adding that post-IPO performance has also been encouraging. News of China-based DeepSeek's claims to rival OpenAI's ChatGPT ...