CoreWeave, a cloud computing firm backed by chipmaker Nvidia (NVDA), “couldn’t have picked a worse time to launch an IPO,” according to a

Start-ups and corporations are still clamoring for Nvidia’s AI data center chips. The chip maker reported data center revenue of $35.6 billion for its January quarter, up 93% year over year. Nvidia sa

Nvidia reported outstanding fourth-quarter results with a significant boost in data center revenue, but rising operating expenses and tightening margins pose some concerns.

Grubhub CEO Howard Migdal said on Friday that the food delivery firm has decided to cut about 500 jobs, as it focuses on aligning its business with Wonder after the takeover was completed last month.

The company's forecast helps allay doubts around a slowdown in spending on its hardware. Revenue for the fourth quarter grew 78% to $39.3 billion, beating estimates.

Nvidia faces more competition in inference compute.

Market heavyweight Nvidia (NVDA) delivered blockbuster results in Q4 of its fiscal year ended January 2025, which saw revenue soar to a record $39.3 billion.

The company's fourth-quarter results beat analyst estimates, yet its market leadership is increasingly in question.