Funding & Business
CoreWeave CEO on Integrating Core Scientific
CoreWeave CEO Michael Intrator details the purchase of Core Scientific for $9 billion, saying it’s part of a strategy to get “to scale” as AI demand growth continues. He joins Caroline Hyde on “Bloomberg Tech” to discuss. (Source: Bloomberg)
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New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion refinancing deal in June, according to people familiar with the matter.
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Policies in China that are aimed at curbing excess capacity may be positive for equities and global trade if executed right, according to JPMorgan Chase & Co.
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