Tech & AI
Microsoft rethinks rented AI computing as CoreWeave heads into results
Microsoft (Nasdaq: MSFT) is winding down rented Oracle computing and has debated signing new deals with neoclouds, firms that rent out AI chips, Bloomberg reported. Bloomberg said Microsoft has committed more than $80 billion to such rentals, and CoreWeave (Nasdaq: CRWV), which counts Microsoft as a top customer, reports results Tuesday.
The numbers
| CoreWeave (CRWV) price | $48.98 |
|---|---|
| CoreWeave (CRWV) change | +5.56% |
| CoreWeave (CRWV) market value | $27 billion |
| CoreWeave (CRWV) 52-week high | $137.98 |
| Meta Platforms (META) price | $641.37 |
| Meta Platforms (META) change | +5.12% |
| Meta Platforms (META) market value | $1.4 trillion |
| Meta Platforms (META) 52-week high | $777.59 |
| Microsoft (MSFT) price | $545.18 |
| Microsoft (MSFT) change | +2.75% |
| Microsoft (MSFT) market value | $4 trillion |
| Microsoft (MSFT) 52-week high | $555.95 |
| S&P 500 change | +2.35% |
| 10-year Treasury yield | 4.88% |
Monday’s close
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