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
ChatGPT Maker OpenAI Inks $12B Deal With CoreWeave Ahead of Planned IPO
The OpenAI deal follows CoreWeave's $1.7 billion bid for AI platform Weights & Biases days earlier as it plans to go public this year.
Exclusive-CoreWeave Strikes $12 Billion Contract With OpenAI Ahead of IPO, Sources Say
NEW YORK (Reuters) -CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year contract worth $11.9 billion with OpenAI to provide cloud computing services ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday.
CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO
If the talks are successful, the deal would provide a major boost to CoreWeave ahead of its blockbuster share sale, which is expected to headline the U.S. IPO lineup for 2025.
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,
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
OpenAI strikes $12bn deal with CoreWeave
OpenAI will also get a $350mn equity stake CoreWeave at the time of the New Jersey-based company’s IPO, said one person with knowledge of the plans © Bloomberg OpenAI strikes $12bn deal with CoreWeave
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 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.
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 ...
Microsoft Reduces Commitments to CoreWeave Ahead of IPO, FT Reports
Microsoft Corp. has withdrawn from some of its commitments with cloud computing provider CoreWeave due to delivery issues and ...
CoreWeave denies media report of Microsoft withdrawing from agreements
Microsoft (NASDAQ:MSFT) has withdrawn from some of its agreements with cloud computing provider CoreWeave over delivery ...
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 $12 billion.
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Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments
Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft ...
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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,” ...
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 ...
What is CoreWeave, the cloud-services provider expected to go public next week?
CoreWeave is heading toward a much-anticipated initial public offering as soon as next week, which will give investors ...