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Michael Intrator

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2025-03-302025-03-301111100
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CoreWeave IPO and major acquisitions highlight a transformative week in AI

CoreWeave Inc. made its public debut with an IPO, as CEO Michael Intrator defended the company's client concentration due to significant deals with Microsoft, highlighting long-term growth potential. In a major acquisition, Elon Musk's xAI purchased social media platform X for $33 billion, creating a combined entity valued at $80 billion. Microsoft's CEO Satya Nadella urged his team to accelerate innovation in response to China's DeepSeek, while Huawei has reportedly doubled its AI chip yields despite US sanctions, positioning itself as a formidable tech player. Additionally, Google introduced Gemini 2.5 Pro, its most advanced AI model, capable of thoughtful responses to complex queries.
benzinga.com/25/03/44552212/coreweave-ipo-elon-muskx-xai-acquires-x-microsofts-wake-up-call-chinas-huawei-makes-advances-and-more-this-week-in-ai
NVIDIA Corp Microsoft Corp Alphabet Inc. Huawei Technologies CO. Ltd. CoreWeave, Inc. Class A Common Stock CHN USA Jensen Huang Elon Musk Satya Nadella Michael Intrator Show more
Business & Industry, News Article
15:00 30.03.2025
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