(This Oct. 3 story has been corrected to drop reference to CEO Michael Intrator in paragraph 3) (Reuters) - Cisco Systems ( CSCO ) is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Nvidia ( NVDA )-backed CoreWeave has partnerships with...

Oct 3 (Reuters) - Cisco Systems ( CSCO ) is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Nvidia ( NVDA )-backed CoreWeave has partnerships with AI startups and competing cloud providers to build clusters designed to power AI workloads. CoreWeave...

Oct 4 (Reuters) - Chain Bridge Bancorp ( CBNA ), the Republican Party's top banking choice, was valued at $141.2 million after its shares opened in line with the offer price in their debut on the New York Stock Exchange on Friday. The stock opened flat at $22 per share, before falling 3% to $21.29. Chain Bridge's IPO is relatively...

06:56 AM EDT, 10/04/2024 (MT Newswires) -- The European Commission said Friday that its proposal to impose tariffs on imports of battery electric vehicles from China has gained necessary support from the bloc's member states. The Commission said it will publish a Commission Implementing Regulation outlining the definitive findings of its anti-subsidy investigation by Oct. 30. The Commission said discussions...