Author: Daniel snow

Nvidia CEO Jensen Huang in Taipei, Taiwan, on June 2, 2024.Ann Wang | ReutersNvidia’s Blackwell Ultra chips, the company’s next-generation graphics processor for artificial intelligence, have been commercially deployed at CoreWeave, the companies announced on Thursday.CoreWeave has received shipments of Dell-built shipments based around Nvidia’s GB300 NVL72 AI systems, Dell said on Thursday. It’s the first cloud provider to install systems based around Blackwell Ultra.The Blackwell Ultra is Nvidia’s latest chip, expected to ship in volume during the rest of the year. The systems that CoreWeave is installing are liquid-cooled and include 72 Blackwell Ultra GPUs and 36 Nvidia Grace…

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Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. NYSEFor over three years, venture capital firms have been waiting for this moment.Tech IPOs came to a virtual standstill in early 2022 due to soaring inflation and rising interest rates, while big acquisitions were mostly off the table as increased regulatory scrutiny in the U.S. and Europe turned away potential buyers.Though it’s too…

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A view of the US Capitol in Washington, DC, on June 30, 2025.Jim Watson | Afp | Getty ImagesThe wealthy will likely see a host of new tax breaks in the One Big Beautiful Bill, along with permanent extensions of many of the 2017 tax cuts, according to tax experts.Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% in the Senate version of Trump’s bill, according to the Tax Policy Center. That compares to the nationwide average of about 2.5%. In dollar terms, millionaire earners will see an average after-tax income…

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