News Digest / Ticker: WB

Ticker: WB

07:57am, Wednesday, Jul 02, 2025

Xiaomi's YU7 Electric SUV Launch Faces Year-Long Delivery Delays: 240,000 Orders and Customer Outcry Stir Concerns in EV Market

Xiaomi's new YU7 electric SUV faces delivery delays of up to a year, frustrating 240,000 customers who ordered within 18 hours. Complaints about lack of communication and potential cost increases have surged as buyers seek refunds. Xiaomi plans to address issues in a livestream.

03:31am, Wednesday, Mar 05, 2025

CoreWeave's AI Power Play: A $1.7 Billion Acquisition of Weights & Biases Could Revolutionize Cloud Computing

CoreWeave (NYSE: CWEAVE) acquires AI platform Weights & Biases (NYSE: WB) in a strategic move estimated at $1.7 billion. This acquisition enhances AI capabilities and positions CoreWeave for growth, targeting a $35 billion valuation upon its NY debut.