Science and Tech

CoreWeave's slump spotlights growing burden of debt behind AI boom

CoreWeave's slump spotlights growing burden of debt behind AI boom

By Aditya Soni and Anhata Rooprai Oct 15 (Reuters) - Shares and bonds of Nvidia-backed CoreWeave tumbled again on Thursday…

October 15, 2026

Super Micro names former Western Digital executive Mark Long as new CFO

Oct 15 (Reuters) - Super Micro on Thursday appointed former Western Digital executive Mark Long as its chief financial officer,…

October 15, 2026

Wipro deal wins plunge to near four-year low, deepening turnaround worries

By Sai Ishwarbharath B, Abhirami G and Haripriya Suresh BENGALURU, Oct 15 (Reuters) - Wipro's quarterly deal bookings plunged to…

October 15, 2026

Super Micro appoints Mark Long as chief financial officer

Oct 15 (Reuters) - Super Micro on Thursday announced Mark Long as its senior vice president and chief financial officer.…

October 15, 2026

Analysis-Market selloff, rising rates test AI data centre deal boom

By Yantoultra Ngui, Kane Wu and Clare Jim HONG KONG, Oct 15 (Reuters) - A market selloff is forcing companies…

October 15, 2026

AI credit jitters drive US tech default insurance to record highs

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Oct 15 (Reuters) - The cost of insuring against US tech defaults hit…

October 15, 2026

CoreWeave shares, bonds slide further as AI debt fears mount

(Corrects dateline to Oct 15 from Oct 14) Oct 15 (Reuters) - AI cloud firm CoreWeave's shares and bonds slumped…

October 15, 2026

Venture Global inks deals with GE Vernova, Baker Hughes for power expansion

Oct 15 (Reuters) - Venture Global said on Thursday it had signed deals with GE Vernova and Baker Hughes to…

October 15, 2026

Factbox-Tech leaders, Wall Street CEOs, governments split over 'AI doom' fears

Oct 14 (Reuters) - AI industry leaders are split over how fast companies should develop the increasingly powerful technology, as…

October 15, 2026

AstraZeneca strikes $40 million AI drug discovery deal with insitro

By Patrick Wingrove LONDON, Oct 15 (Reuters) - AstraZeneca has teamed up with artificial intelligence biotech company insitro to discover…

October 15, 2026