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CoreWeave shares fall 15%+ as investors question AI borrowing

CoreWeave shares fell 15%+ and its bond yields approached 15% on Wednesday as investors worried that technology companies were borrowing too heavily for the AI build-out, CNBC reported. Oracle shares also fell 7%+. The selloff hit both CoreWeave's stock and bonds.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Court order enables seizure of domains supporting global phishing network

Microsoft and Health-ISAC seized and redirected domains supporting the YAM Store marketplace and CoGUI and Iron Man phishing platforms under an order from the US District Court for the Southern District of Florida. BleepingCompute...

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Modal raises $750 million at $15.75 billion valuation

AI cloud startup Modal raised $750 million at a $15.75 billion post-money valuation, Bloomberg reported. The financing comes amid demand for infrastructure to build and run AI applications. CEO Erik Bernhardsson discussed the com...

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Salience Labs raises $125 million for optical switching technology

Salience Labs raised a $125 million Series B led by Bullhound Capital, SiliconANGLE reported. The startup develops specialized all-optical circuit switching technology for AI data centers and is seeking a bigger role in speeding u...

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Cisco patches exploited email gateway flaw allowing root access

Cisco has patched an actively exploited Secure Email Gateway vulnerability that allows unauthenticated attackers to execute commands with root privileges. Its Wednesday advisory says CVE-2026-76519 arises from improper handling of...

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AI Capital

Humanly acquires CareerArc to add recruitment marketing tools

Humanly acquired recruitment marketing company CareerArc, combining its automated chat, screening and interview tools with social recruiting software and interactive career-site maps. The deal is Humanly's fifth acquisition since ...

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Infrastructure Policy

GlobalFoundries plans two New York chip plants with Japanese backing

GlobalFoundries plans to build two chip plants in Malta, New York, with backing of up to $21 billion from Japan's government, Bloomberg reported. The US will take a 4% stake in GlobalFoundries. The planned facilities will produce ...

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