CoreWeave Secures $11.9 Billion OpenAI Deal Ahead of IPO
CoreWeave has secured a five-year contract valued at $11.9 billion to supply AI infrastructure to OpenAI, enhancing the latter's capacity to train and deploy its models to a global user...
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CoreWeave has secured a five-year contract valued at $11.9 billion to supply AI infrastructure to OpenAI, enhancing the latter's capacity to train and deploy its models to a global user...
Ekinops has unveiled its “Bridge” strategic plan, aimed at strengthening its position in fast-growing market segments, particularly Optical Transport and Secure Access Service Edge (SASE). The company plans to expand...
HPE Reports Strong Q1 2025 Results as Server Sales Surge 29% Hewlett Packard Enterprise (HPE) delivered a strong start to fiscal 2025, reporting $7.9 billion in revenue, a 16% year-over-year...
Nokia completed its acquisition of Infinera Corporation, integrating the San Jose-based optical networking company into its operations. The deal enhances Nokia’s scale and technological capabilities in optical networks, positioning it...
Deutsche Telekom closed 2024 with record financial results, reporting revenue of €115.8 billion, up 3.4% year-over-year, and adjusted EBITDA AL of €43.0 billion, an increase of 6.2%. The company’s free...
NVIDIA has posted record-breaking financial results for Q4 and the full year of fiscal 2025, driven by surging demand for AI infrastructure and accelerated computing. The company reported revenue of...
Infinera announced that its acquisition by Nokia is expected to close on or about February 28, 2025, subject to final regulatory approvals and customary closing conditions. Infinera also set a...
Orange closed 2024 with €40.26 billion in revenue, up 1.2% year-over-year, driven by a 2.7% increase in retail services. EBITDAaL grew 2.7% to €12.1 billion, with an acceleration in the...
AT&T (NYSE:T) announced that its directors have unanimously elected John Stankey to the role of Board Chair. Stankey succeeds William E. Kennard, who was elected Lead Independent Director. “As AT&T embarks...
Telecom Italia (TIM) announced its preliminary 2024 financial results, reporting €14.5 billion in revenue (+3.1% YoY) and a 10.1% increase in EBITDA After Lease to €3.7 billion. The company successfully...
Telecom Italia (TIM) has officially accepted a €700 million offer from Italy’s Ministry of Economy and Finance (MEF) and Retelit for the acquisition of Sparkle, TIM’s international wholesale subsidiary. The agreement marks a significant step in Italy’s strategic...
Equinix delivered another record-breaking year in 2024, reporting $8.75 billion in revenue, a 7% increase on an as-reported basis and 8% growth on a normalized and constant-currency basis excluding power...
Ribbon Communications delivered a record-breaking fourth quarter in 2024, achieving $251 million in revenue, an 11% year-over-year growth driven by strong demand from Tier One U.S. service providers, federal defense agencies, and enterprise...
© 2025 Converge Digest - A private dossier for networking and telecoms.
© 2025 Converge Digest - A private dossier for networking and telecoms.