$11.9B AI Deal: Altman Calls CoreWeave ‘An Important Addition’ to OpenAI
CoreWeave, a fast-rising AI cloud provider backed by NVIDIA, has landed a massive $11.9 billion contract with OpenAI in a move that could significantly boost its upcoming initial public offering (IPO). The five-year deal, confirmed on Monday, will see CoreWeave provide AI infrastructure to OpenAI, the creator of ChatGPT.
Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
CoreWeave signed a five-year, $11.9 billion deal to provide AI infrastructure to OpenAI and will receive $350 million in ...
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough ...
CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering ...
OpenAI is taking a stake in IPO candidate CoreWeave for $350 million. The AI company promises $12 billion worth of business ...
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
CoreWeave is acquiring AI developer platform Weights & Biases for $1.7 billion to enhance its cloud computing offerings. The ...
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