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dot com slash Zero-Trust AI. Here's your TMB Tech Minute for Wednesday May 1st. I'm Alex Osola for the Wall Street Journal.

We exclusively report that AI startup CoreWeave nearly tripled its valuation to $19 billion in a new funding round.

The New Jersey-based company rins out chips housed in data centers across the U.S. that customers

use to create and deploy AI systems.

It's part of a new crop of companies offering cloud computing tailored for

AI, setting it apart from big tech companies such as Microsoft and Amazon, which offer a wider

range of cloud services. A host of Chinese electric vehicle makers

posted higher sales and deliveries in April.

B.Y.D, the world's largest maker of EVs, said that its total sales jumped

49% from a year earlier to 313,245 vehicles for the month.

That was 3.6% higher than March sales.

Nios said deliveries of its electric cars more than doubled from a year earlier to 15,620

vehicles.

Delivers of XPang's EVs, meanwhile, rose 33% from a year earlier.

Chinese smartphone specialist,

Shoumi, reported 7,058 deliveries

in its first month of selling EVs.

The numbers offer a sign of rebounding demand

amid continuing price wars and government efforts to spur consumption in the world's largest EV market.

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