Nvidia regulatory filings drive CRWV stock higher

Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company. CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalization above $38 billion. Trading volumes were more than…

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Court filings show Meta staffers discussed using copyrighted content for AI training

For years, Meta employees have internally discussed using copyrighted works obtained through legally questionable means to train the company’s AI models, according to court documents unsealed on Thursday. The documents were submitted by plaintiffs in the case Kadrey v. Meta, one of many AI copyright disputes slowly winding through the U.S. court system. The defendant,…

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