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Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Ludlow in San Francisco.

This is Bloomberg Tech.

I'm Matt Miller in New York filling in for Carolyn and Ed who are on assignment today.

Coming up, NVIDIA invests $2 billion in Marvell to collaborate on Silicon Photonics technology.

We have the details of that deal.

Plus, the debt binge fueling the AI boom continues with CoreWeave raising $8.5 billion more from banks and investors to expand its NeoCloud capacity and wearable health tech company, Whoop.

gets a $10.1 billion valuation after its latest raise.

We'll sit down with the CEO.

But first, let's take a look at what's going on in markets because we have a rally on our hands today.

The S&P 500 gaining 1.5%.

The NASDAQ gaining 1.25% right now.

It is worth pointing out that even adding 290 points only brings us back to 23,245.

So we're rising up, but still to a relatively low level.

And Brent Crude trading at over $107 a barrel right now, 107.71.

NYMEX is trading at $103 a barrel, so even WTI, well over that $100 level, as the president tells aides, at least according to the Wall Street Journal, that he is thinking about leaving Iran without reopening the Strait of Hormuz.

Let's bring in Bloomberg Balance of Power co-host Kayleigh Lymes for the latest on the war in the Middle East.