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
CoreWeave's $11.9 Billion Deal with OpenAI: A Prelude to IPO Success?
CoreWeave, an AI startup backed by Nvidia, has secured an $11.9 billion contract with OpenAI for cloud computing services, ahead of its IPO. In exchange, OpenAI will gain a stake in CoreWeave, which plans to issue shares worth $350 million.
Exclusive-CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO, sources say
CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year cloud-computing contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday.
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 has withdrawn from some of its commitments with cloud computing provider CoreWeave due to delivery issues and ...
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 ...
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 ...
Microsoft drops some CoreWeave services ahead of $35bn IPO
The three founders have each sold at least $150mn worth of their stock in the company since December 2023, according to the IPO filings. CoreWeave’s 10 directors and executives, including the three co ...
CoreWeave denies media report of Microsoft withdrawing from agreements
Cloud computing provider CoreWeave denied a report by the Financial Times that Microsoft (NASDAQ:MSFT) has withdrawn from any agreement with the company. "We pride ourselves in our client partnerships ...
Microsoft withdrew some CoreWeave agreements over delivery issue, FT reports
Microsoft has moved away from some of its agreements with cloud computing provider CoreWeave over delivery issues and missed ...
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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,” ...
This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave
There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with ...