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 ...
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 ...
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 ...
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 has withdrawn from some of its commitments with cloud computing provider CoreWeave due to delivery issues and ...
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 ...
Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
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$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 ...
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 ...
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CoreWeave inks deal with OpenAI to provide AI infrastructure
As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of CoreWeave stock ...
Wall Street's hopes for a 2025 IPO bonanza are being put to the test
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence
OpenAI has signed a five-year, $11.9 billion contract with CoreWeave and will acquire a $350 million equity stake in the ...