$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.
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 ...
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.
OpenAI has signed a five-year contract with a value up to $11.9 billion with the GPU-heavy cloud service provider CoreWeave ...
Tech giants like Microsoft (NASDAQ: MSFT) and Meta have been splurging on artificial intelligence (AI) accelerators and ...
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
Small issuers continued to dominate the U.S. IPO pipeline this week. However, all focus is on the NVIDIA-backed AI cloud ...
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