Latest Technology News

CoreWeave IPO Priced Below Range; Verdon Develops Thermodynamic AI Chips

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Key Takeaways

  • CoreWeave, backed by Nvidia, downsized its IPO to $1.5B, valuing it at $23B.
  • Verdon is developing thermodynamic chips to accelerate AI and humanity.
  • Krafton acquired a controlling stake in Nautilus Mobile for $14 million.
  • Facebook is reintroducing a revamped Friends tab to return to 'OG' Facebook.

Financial Frontlines

CoreWeave downsized IPO, priced shares below range.

On March 28, 2025, it was reported that CoreWeave reduced the size of its U.S. initial public offering (IPO) and priced its shares below the indicated range on March 27, 2025. CoreWeave, backed by Nvidia, downsized its US IPO to 37.5 million shares at $40 each, raising approximately $1.5 billion and valuing the company at roughly $23 billion. Nvidia will anchor the IPO with a $250 million order, and OpenAI will make a private placement of $350 million in shares.

Krafton acquires Nautilus Mobile stake for $14M.

Krafton has acquired a controlling stake in Indian gaming studio Nautilus Mobile for $14 million.

Huawei returns to revenue peak after years of survival.

AI Breakthroughs

Thermodynamic chips to accelerate AI, developed by Verdon.

Guillaume Verdon is developing thermodynamic chips with the goal of accelerating AI, ultimately aiming to accelerate humanity itself.

Software Central

Facebook reintroduces revamped Friends tab.

Facebook is reintroducing a revamped Friends tab as part of its initiative to return to 'OG' Facebook.

Reddit and X experienced outages impacting US users.

Google adds vacation planning features to Search, Maps, Gemini.

eBay supports WunderGraph in open-source GraphQL federation.

Tech Updates

Nintendo developing Virtual Game Cards for Switch 2.

Signal downloads surge in US, Yemen amid scandal.

Conspiracy Corner

Musk's DOGE allegedly planned to infiltrate US Treasury.

Reportedly, Elon Musk's DOGE had a plan from the early days of the second Trump administration to infiltrate US Treasury payment systems and turn them against USAID.

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