$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 was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web ...
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
Key Takeaways CoreWeave could go public as soon as next week in what is expected to be one of the biggest IPOs in recent ...
OpenAI has signed a five-year contract with a value up to $11.9 billion with the GPU-heavy cloud service provider CoreWeave ...
CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with ...
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough ...
CoreWeave is heading toward a much-anticipated initial public offering as soon as next week, which will give investors ...
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