CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
CoreWeave has signed a five-year $11.9 billion deal with OpenAI to provide AI infrastructure, ahead of the company's much-anticipated IPO.
Nvidia-Backed CoreWeave Secures $12B OpenAI Deal to Power AI Growth Before IPO
Nvidia (NVDA)-backed CoreWeave, an artificial intelligence (AI) cloud-computing startup, has locked in a nearly $12 billion
CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the time of its IPO.
OpenAI forges $12bn contract with CoreWeave
OpenAI will also get a $350mn equity stake in CoreWeave at the time of the New Jersey-based company’s IPO, says one person with knowledge of the plans © Angel Garcia/Bloomberg OpenAI forges $12bn cont
AI Daily: CoreWeave said to strike $12B pact with OpenAI ahead of IPO
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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.
CoreWeave signs $11.9bn deal with OpenAI
CoreWeave, a cloud service provider specialising in GPU-heavy workloads, has signed a $11.9bn deal to provide AI infrastructure to OpenAI. This deal is expected to bolster OpenAI's compute capacity, which is said to be crucial for training and deploying advanced AI models to its global user base.
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 around the world.
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