Altman Calls CoreWeave ‘An Important Addition’ to OpenAI

$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, OpenAI ink deal worth up to $11.9B
The latest news comes amid a move toward a potential IPO for the Jersey-born company, which "remain[s] a partner-of-choice to meet the bleeding-edge needs of pioneers to unleash AI’s potential to change the world,
CoreWeave signs $11.9B 5-year deal with OpenAI to provide infrastructure
Nvidia (NASDAQ:NVDA)-backed AI startup CoreWeave signed a five-year contract to deliver AI infrastructure with OpenAI. The contract value for this strategic deal is up to $11.9B This agreement is part of CoreWeave's preparations for its highly anticipated initial public offering,
CoreWeave signs $11.9bn deal with OpenAI
As part of the agreement, OpenAI will invest $350m in CoreWeave through the purchase of CoreWeave stock. CoreWeave plans to issue shares through a private placement to OpenAI, at
CoreWeave Announces Agreement with OpenAI to Deliver AI Infrastructure
CoreWeave to provide dedicated compute capacity for OpenAI's model training and services LIVINGSTON, N.J., March 10, 2025 /PRNewswire/ -- CoreWeave today announced a deal to deliver AI infrastructure to OpenAI,
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 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 ...
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 ...
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 ...
OpenAI forges $12bn contract with CoreWeave
OpenAI’s new $11.9bn contract helps fill that void, and could lead to it outspending Microsoft, which accounted for 62 per ...
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What A Tangled OpenAI Web We CoreWeave
Wouldn’t it be funny if all of that money that Microsoft spent last year paying neocloud upstart CoreWeave was just to ...
Cloud Provider CoreWeave Inks $11.9 Billion Contract With OpenAI
CoreWeave Inc. has agreed a five-year contract with OpenAI Inc., according to a person familiar with the matter.Most Read ...
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‘Project Osprey:’ How Nvidia Seeded CoreWeave’s Rise
Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web ...
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Core Scientific Stock Gains As HC Wainwright Reiterates Rating On CoreWeave's $12B OpenAI Deal: Retail Stays Extremely Bullish
Shares of Core Scientific Inc. (CORZ) gained almost 8% in Tuesday’s regular session and extended gains during after-hours ...