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NEW YORK : Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday. Roseland, New Jersey-based CoreWeave is likely to target raising more than $3 billion from its share sale, which could launch during the second quarter of 2025, the sources said, cautioning that the company's plans are subject to market conditions and could change. The discussions come at a time when investor interest in generative AI is sky-rocketing. The AI boom, which has powered chipmakers such as Nvidia, and other big tech firms, has turbocharged global demand for infrastructure such as data centers and high-powered servers. Reuters reported in September that data center operator Switch is exploring an IPO that could value the company at about $40 billion, including debt. Funding for private AI and cloud startups in the U.S., Europe and Israel is rising after three years of decline, and is estimated to touch $79.2 billion by the end of this year, venture capital firm Accel said in October. CoreWeave offers access to data centers and high-powered chips for AI workloads, primarily supplied by Nvidia, one of the company's main backers. It competes against larger cloud computing service providers such as tech giant Microsoft's Azure and Amazon's AWS. CoreWeave declined to comment. A broader wave of high-profile names is gearing up for potential listings next year, as the IPO market shows early signs of thawing after several bouts of market volatility shut down capital markets for much of the last two years. CoreWeave recently completed a $650 million secondary share sale, which valued it at $23 billion. Investors led by Jane Street, Magnetar, Fidelity Management, and Macquarie Capital participated in the secondary stock deal. Bloomberg reported in November that CoreWeave had tapped investment banks for its IPO preparations.North Dakota’s solicitor general called on the state Supreme Court to reinstate an abortion law struck down by a lower court until a final decision in the case is made, arguing that the ban must remain in effect because the state has a compelling interest in protecting unborn life. “We say that not to be dramatic, but because the district court seems to have lost sight of that,” Phil Axt told justices Thursday, the North Dakota Monitor reported. The ban, signed into law by Gov. Doug Burgum in April 2023, made abortion illegal in all cases except rape or incest if the mother has been pregnant for less than six weeks, or when the pregnancy poses a serious physical health threat. South Central Judicial District Court Judge Bruce Romanick vacated the law in September, declaring it unconstitutionally vague and an infringement on medical freedom. He further wrote that “pregnant women in North Dakota have a fundamental right to choose abortion before viability exists.” The law went into effect just weeks after the North Dakota Supreme Court ruled the state’s previous abortion ban unconstitutional and found that women have a right to seek an abortion for health reasons. Axt argued Thursday that Romanick’s judgment striking down the 2023 law conflicts with the Supreme Court’s prior ruling, and that Romanick’s legal analysis contains “glaring errors.” Axt claimed there’s nothing in the state constitution that supports a right to abortion until the point of viability. “It’s been clear since our territorial days that in order to justify killing another human being, there must be a threat of death or serious bodily injury,” Axt said. Meetra Mehdizadeh, an attorney representing the plaintiffs, said to reverse Romanick’s decision even temporarily would be to disregard many serious problems he identified with the statute. The ban does not sufficiently explain to doctors when they may legally provide abortions — which chills their ability to provide necessary health care for fear of prosecution, she said. “The district court correctly held that the ban violates the rights of both physicians and patients, and staying the judgment and allowing the state to continue to enforce an unconstitutional law would be nonsensical,” Mehdizadeh said. Axt countered that the law is not vague, and that doctors are incorrect to assume they would face criminal penalties for good-faith medical decisions. If doctors are confused about the ban, said Axt, “the solution is not striking down the law — it is providing some professional education.” In briefs filed with the court, the state also argued that Romanick’s judgment vacating the law seems to conflict with his original order declaring the law unconstitutional. While the order identifies a right to abortion until the point of fetal viability, Romanick’s judgment does not include any reference to viability. The state is confused as to whether it can now enforce any restrictions on abortion, Axt said. North Dakota still must observe abortion regulations established under other laws not challenged in the lawsuit, Mehdizadeh said. Axt further claimed that Romanick’s judgment should be put on hold because it addresses a “novel” area of law, and because it takes a supermajority of the Supreme Court to declare a statute unconstitutional. “Statutes should not be presumed unconstitutional until this court has had an opportunity to weigh in on the matter, and a super majority of this court is of that opinion,” Axt said. Justice Daniel Crothers said he questioned Axt’s logic. “Any novel issue where the district court declares something unconstitutional, it’s sounding like you’re suggesting that we should presume that it’s wrong,” Crothers said to Axt. The appeal is the latest step in a lawsuit brought against the state by a group of reproductive health care doctors and a Moorhead, Minnesota-based abortion provider, Red River Women’s Clinic. The clinic previously operated in Fargo, but moved across the state line after Roe v. Wade was overturned in 2022. The ban, passed with overwhelming support by both chambers of the Republican-dominated Legislature, set penalties of up to five years in prison and a maximum fine of $10,000 for any health care professionals found in violation of the law. Thursday’s arguments were only on whether Romanick’s decision should be put on hold during the appeal, not on the merits of the case itself, which the Supreme Court will consider separately. The justices took the matter under advisement. Get Government & Politics updates in your inbox!
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Giving thanks for America, overtime, the ‘Piano Man’
Do you have space in your income portfolio for some more ASX dividend shares after the Christmas break? If you do, then it could be worth looking at the three listed below. That's because analysts rate them as buys and believe they will offer attractive . Here's what you need to know about these dividend shares: ( ) The first ASX dividend share that could be a buy for income investors is retail giant Harvey Norman. Bell Potter believes it is a buy due to its exposure to the artificial intelligence (AI) boom. The broker expects Harvey Norman to benefit greatly from an AI driven major upgrade/replacement cycle of devices purchased during the COVID-19 pandemic. It is expecting this to underpin fully franked dividends of 25.9 cents per share in FY 2025 and then 28.5 cents per share in FY 2026. Based on the current Harvey Norman share price of $4.71, this equates to attractive 5.5% and 6% dividend yields, respectively. Bell Potter has a buy rating and $5.80 price target on its shares. ( ) Another ASX dividend share that could be a buy after Christmas is HomeCo Daily Needs. It is a property company with a focus on neighbourhood retail, large format retail, and health and services. The team at Morgans remains positive on the company. Particularly given its shift in focus from large format retail to daily needs. It appears to believe this leaves it well-postioned for growth in the coming years. In respect to income, Morgans is forecasting dividends per share of 8.5 cents in FY 2025 and then 8.7 cents in FY 2026. Based on the current HomeCo Daily Needs share price of $1.16, this will mean dividend yields of 7.3% and 7.5%, respectively. The broker currently has an add rating and $1.36 price target on its shares. ( ) A third ASX dividend share for income investors to look at is specialist alternative investment manager Regal Partners. At the last count, it had approximately $17.2 billion in funds under management. But Bell Potter believes that this number will grow in the future. Particularly given its strong performance, which it doesn't believe is reflected in its share price at present. It expects this strong performance to underpin fully franked dividends per share of 16.3 cents in FY 2024 and then 18.1 cents in FY 2025. Based on its current share price of $3.57, this represents dividend yields of 4.55% and 5.1%, respectively. Bell Potter has a buy rating and $4.85 price target on its shares.AP Trending SummaryBrief at 6:29 p.m. EST( MENAFN - African Press Organization) Download logo More than 24.6 million people – half of Sudan's population – are experiencing high levels of acute food insecurity, according to the IPC initiative , which tracks extreme hunger globally. IPC's Famine Review Committee (FRC) confirmed that famine (IPC phase 5) is present in at least five areas, including North Darfur's Zamzam camp and parts of the Western Nuba Mountains. The crisis is projected to expand further, with five additional areas – North Darfur localities of Um Kadadah, Melit, El Fasher, At Tawisha, and Al Lait – expected to face famine between December 2024 and May 2025. Additionally, 17 other areas are at risk of famine, particularly those with significant influxes of internally displaced persons (IDPs). Regions affected include parts of North and South Darfur, Khartoum, and Al Jazirah states. Most extreme human suffering “Famine is the most extreme manifestation of human suffering, representing a catastrophic collapse of the systems and resources essential for survival,” the IPC report stated. “It is not merely a lack of food but a profound breakdown of health, livelihoods, and social structures, leaving entire communities in a state of desperation.” Though above-average rainfall supported agriculture in areas where security conditions allowed, ongoing conflict severely disrupted farming activities. Farmers were forced to abandon fields, and crops were looted or destroyed, according to the report. Displaced families, particularly those in settlements and public buildings, remain cut off from the benefits of the harvest. As a result, 8.1 million people are classified in IPC phase 4 (emergency) and 638,000 are already in phase 5 (catastrophe), adding to 15.9 million in phase 3 (crisis). IPC phase 3 is marked by critical food gaps or reliance on crisis strategies, phase 4 involves severe malnutrition or emergency coping, and phase 5 signals famine with starvation, death and extreme malnutrition. Conflict a key driver The brutal conflict, which erupted between rival militaries vying for power and influence last April has driven over 12 million people – nearly a quarter of Sudan's population – from their homes, exacerbating food insecurity and overwhelming host communities. Fierce fighting continues to rage in densely populated areas, with widespread disregard for international humanitarian law on all sides. Civilians have been killed and injured in overwhelming numbers, sexual violence is rife, and essential infrastructure – including healthcare and education facilities – lie in ruins. Deadly diseases such as cholera are also spreading rapidly, against the backdrop of the breakdown in essential services, including healthcare, clean water and sanitation. Urgent recommendations The IPC report underscored that only an immediate cessation of hostilities can prevent the crisis from worsening. It called for the restoration of safe, unhindered and sustained humanitarian access, particularly in conflict zones, and a significant scale-up of multi-sectoral humanitarian assistance. Alongside, it also called for scaling up treatment for acute malnutrition, providing vital agricultural inputs to help vulnerable households sustain themselves, as well as conducting food security and nutrition surveys in unassessed areas to refine response efforts. MENAFN24122024002747001784ID1109028576 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Which board games are best? Even with technology taking over much of our day-to-day lives, board games still offer quality entertainment that can’t be beaten. Of course, the popular board games of today are a far cry from the games your parents grew up playing. Board games are perfect for encouraging your family to work together or for bringing your group of friends around the table for an evening. If you’d like to start up a weekly game night, let this helpful list of the most popular board games be your guide. Utter Nonsense Ages 8+ This game will have every player rolling in stitches with each ridiculous phrase that’s uttered. Combine crazy accents and hilarious phrases to impress the Nonsense Judge and win the round. The player with the highest number of wins ultimately wins the game, but the true fun of this card game is listening to your fellow players trying to say some of the most entertaining phrases of all time. This game is perfect for game nights or parties. Speak Out Ages 8+ This hilarious game is perfect if you have teenagers or are hosting a party with all adults. To play, you insert a mouthpiece that alters the sound of your speech, making every word sound silly. Set the timer and read one of the phrases on the cards and try to help your teammate guess what you’re saying. Speak Out easily provides hours of fun that even grandparents will love. Escape Room in a Box Ages 13+ What’s the next best thing to trying to break out of a room? Escape Room in a Box, of course. This thrilling, immersive game involves solving 2D and 3D puzzles in order to prevent a mad scientist from turning you and your friends or family into werewolves. Work together to escape your fate and use Amazon Alexa to enhance the experience. Codenames Ages 14+ This fun strategy game is perfect for anyone with teenagers. Form two teams and select a spymaster on each team. Using clues, spymasters try to help their teammates find all 25 of the agents they’re in contact with, hopefully without selecting the other team’s agents or running into the deadly assassin. This innovative game offers a challenging and rewarding time working together. Harry Potter Clue Ages 9+ Excite your kids on game night with this modern twist on a classic. Play as six recognizable Hogwarts characters — Harry, Hermione, Ron, Luna, Ginny or Neville — to solve the mystery behind a fellow student’s disappearance. It’s up to you to figure out who attacked the student, what bewitching spell they used and where it occurred. Watch out for the Dark Mark, moving staircases and secret passages as you travel along in this magical family game. Pandemic Ages 8+ If you’ve ever wanted to save humanity from a deadly outbreak, you’ll love spending an hour playing Pandemic. You and your teammates must fight to contain four deadly diseases threatening the human race. Players must learn to work with their teammates to control outbreak hotspots and treat diseases. Win the game by curing all diseases without wiping out humanity first. Catan Ages 10+ This tactical 60-minute game will push your imagination to its limits as you embark on a journey across Catan. Acquire crucial resources as you travel, build roads, buildings, and cities, and be wary of the ruthless robber and other players halting you on your own road. Through careful trading and clever decisions, you can lead your travelers to victory in this role-playing game of limitless possibilities. Play again and again. Every game is different. Ticket to Ride Ages 8+ Train lovers will enjoy this innovative board game which has won numerous awards. This cross-country train adventure game mimics the concept of traveling around the world in 80 days. Collect train cars and claim railways across the country. Players earn the most points by establishing long train routes and connecting distant cities. Each game takes roughly 30 to 40 minutes to complete, and every adventure is different. 5 Second Rule Ages 10+ This quick-paced game gives each player five seconds to name items on a certain topic. Although the topics are objectively easy —“Name 3 Mountains,” “Name 3 Types of Hats” or “Name 3 Super Heroes,” the pressure of the time crunch is likely to put you on edge. Race the clock and remain composed to win this game. You can even make up your own topics if you prefer. Half the fun is just hearing what other people blurt out, whether it’s relevant to the topic or not. Prices listed reflect time and date of publication and are subject to change. Check out our Daily Deals for the best products at the best prices and sign up here to receive the BestReviews weekly newsletter full of shopping inspo and sales. BestReviews spends thousands of hours researching, analyzing and testing products to recommend the best picks for most consumers. BestReviews and its newspaper partners may earn a commission if you purchase a product through one of our links.