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45 articles
CoreWeave said on Tuesday it closed an $8.5 billion GPU-backed financing facility, giving the AI cloud provider fresh capital for expansion while leaving investors to judge whether demand, borrowing costs and delivery risks stay in balance.
Mercado Pago is shutting down Mercado Coin, the loyalty token it launched in 2022, and telling users to sell, spend or convert remaining balances by April 17 as the company leans harder into its Meli Dolar stablecoin strategy.[1][2]
Oracle has begun a fresh round of layoffs affecting thousands of workers as management tries to protect cash flow and reassure investors while financing a costly push into AI data centers and cloud capacity.[1][2][3]
Nvidia said on Tuesday it invested $2 billion in Marvell and widened their AI infrastructure partnership, lifting Marvell shares and sharpening the fight over custom AI systems.[1][2][3]
