Apple Ready To Spend More To Catch Up On AI

August 1, 2025

Catenaa, Friday, August 01, 2025- Apple CEO Tim Cook signaled on Thursday that the iPhone maker was ready to spend more to catch up to rivals in AI  by building more data centers or buying a larger player in the segment. The Company posted quarterly revenue of $94.0 billion for the quarter ended on June […]

CoreWeave Stock Up Over 4% On $1.5Bn Bond Sale

July 21, 2025

Catenaa, Monday, July 21, 2025- CoreWeave stock rose more than 4%% on Monday morning after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off […]

CoreWeave To Buy Core Scientific In All Stock Deal For $9B

July 7, 2025

Catenaa, Monday, July 07, 2025- CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, the company said on Monday, as it looks to expand AI capacity. The deal will help in the immediate elimination of more than $10 billion of cumulative future lease overhead to be paid for […]

Trump To Release AI Action Plan To Let US Win AI Race

July 23, 2025

Catenaa, Wednesday, July 23, 2025- US President Donald Trump is expected to release an AI action plan on Wednesday that reportedly outlines how the US can win in the global race to develop artificial intelligence. Media reports suggest the document will likely mark a split from Biden administration policies, which favored restrictions against exports of […]

TSMC Q2 Revenue Hits $32B Amid Soaring AI Demand

July 10, 2025

Catenaa, Thursday, July 10, 2025- Taiwan Semiconductor Manufacturing Company(TSMC) reported on Thursday second-quarter revenue of $31.9 billion, beating market forecasts, as demand for the company’s products leaps on surging interest in AI applications. The world’s largest contract chipmaker, which sells to Nvidia and Apple, climbed to $31.9 billion for the three months, based on its […]