$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.
The cloud computing firm intends to test the public markets, potentially setting the tone for other AI firms amid market ...
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily ...
CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering ...
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough ...
CoreWeave, an artificial intelligence (AI) cloud-computing startup backed by Nvidia (NVDA), filed for an initial public ...
CoreWeave is acquiring AI developer platform Weights & Biases for $1.7 billion to enhance its cloud computing offerings. The ...
CoreWeave signed a five-year, $11.9 billion deal to provide AI infrastructure to OpenAI and will receive $350 million in ...
A new IPO filing from start-up CoreWeave suggests that every dollar put into the AI cloud is quickly paying off thanks to rapid growth rates in the business.
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