Sunday

Nvidia Is Guaranteeing The Revenue Of The Companies That Buy Its Chips

Follow the CoreWeave commitment through to its conclusion and the accounting gets strange. Nvidia sells CoreWeave the GPUs. CoreWeave borrows to pay for them, racks them, and sells the compute. If CoreWeave cannot find a…

Zetwerk's Backers Took Out ₹1,215 Crore, And The Stock Broke Its Issue Price In Forty Minutes

The tell was filed with the regulator eleven days before the listing, and it was not the price band. When Zetwerk updated its prospectus on 12 October, the fresh issue went up modestly, from ₹2,600 crore to ₹2,830 crore.…