OpenAI is pouring $12B into CoreWeave

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave
In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, according
Nvidia-backed CoreWeave closes $12B OpenAI cloud computing deal ahead of IPO
CoreWeave is one of the tech companies that has capitalized on the AI boom by leveraging an early investment in Nvidia and shifting towards artificial
CoreWeave strikes $12B contract with OpenAI ahead of IPO, Reuters says
CoreWeave (CRWV), an artificial intelligence startup backed by Nvidia (NVDA), has signed a five-year contract worth $11.9B with Microsoft
CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO
CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch.As part of the pact,
OpenAI strikes $12bn deal with CoreWeave
OpenAI’s new $11.9bn contract helps fill that void, and could lead to it outspending Microsoft, which accounted for 62 per cent of CoreWeave’s revenues last year, according to public disclosures. Microsoft has agreed to spend $10bn on CoreWeave’s services by 2030.
CoreWeave signs ~$12B cloud computing contract with OpenAI: report
Nvidia (NVDA)-backed AI startup CoreWeave has signed a five-year contract worth $11.9B with OpenAI to provide its cloud computing services, Reuters reported on Monday, citing sources. The report comes ahead of CoreWeave’s long anticipated initial public offering.
Exclusive-CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO, sources say
CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year cloud-computing contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday.
Exclusive: CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say
CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with ...
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave’s upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost ...
IPO Roundup: CoreWeave, Cal Redwood Acquisition and more
Small issuers continued to dominate the U.S. IPO pipeline this week. However, all focus is on the NVIDIA-backed AI cloud ...
Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
AI firm CoreWeave denies contract cancellations with Microsoft
IPO-bound AI cloud startup CoreWeave said on Thursday it had not seen any contract cancellations after the Financial Times ...
CoreWeave Announces Agreement with OpenAI to Deliver AI Infrastructure
CoreWeave today announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI's compute capacity for training and delivering its latest models at scale to its hundreds of millions of users ...
CRN5d
Seven Things To Know About CoreWeave’s S-1: Top Customers, Revenue And More
Rising AI cloud provider and IPO candidate CoreWeave revealed fast-growing revenue from a “limited number of customers,” ...
The Next Platform4d
CoreWeave’s 250,000-Strong GPU Fleet Undercuts The Big Clouds
CoreWeave, the upstart GPU cluster datacenter operator that was formerly a relatively small cryptocurrency miner based in ...