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, which
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
Nvidia-Backed CoreWeave Lands $11.9B OpenAI Deal-What It Means for AI's Future
CoreWeave's partnership with OpenAI strengthens AI computing power and boosts its IPO prospects, with Nvidia playing a key role
CoreWeave, OpenAI clinch 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,
ChatGPT Maker OpenAI Inks $12B Deal With CoreWeave Ahead of Planned IPO
The OpenAI deal follows CoreWeave's $1.7 billion bid for AI platform Weights & Biases days earlier as it plans to go public this year.
AI Daily: CoreWeave said to strike $12B pact with OpenAI ahead of IPO
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
OpenAI forges $12bn contract with CoreWeave
OpenAI will also get a $350mn equity stake in CoreWeave at the time of the New Jersey-based company’s IPO, says one person with knowledge of the plans © Angel Garcia/Bloomberg OpenAI forges $12bn cont
CoreWeave signs $11.9bn deal with OpenAI
CoreWeave, a cloud service provider specialising in GPU-heavy workloads, has signed a $11.9bn deal to provide AI infrastructure to OpenAI. This deal is expected to bolster OpenAI's compute capacity, which is said to be crucial for training and deploying advanced AI models to its global user base.
eWeek2d
OpenAI, Oracle, and NVIDIA Go Through The ‘Stargate’ and Bet Big on AI
OpenAI and Oracle are trying to secure billions in NVIDIA chips for their new 'Stargate' AI hub, setting a transformative ...
The American Bazaar15h
Microsoft to build AI models to rival OpenAI: Satya Nadella focused on ‘full-stack’ integration
Reports suggest that Microsoft is building AI models to rival its longtime partner OpenAI. Under AI Chief Mustafa Suleyman, ...
5 AI Stocks To Buy Ahead Of The Stargate AI Project
Discover top AI stocks poised for growth ahead of the Stargate AI project and its potential impact on the industry.
CIO Dive7d
UK watchdog clears Microsoft, OpenAI deal
The Competition and Markets Authority cited "recent developments in the partnership which reduce OpenAI's reliance on ...
Cyber Daily2d
Microsoft to rival OpenAI with own in-house intelligence
US tech giant Microsoft is reportedly developing its own artificial intelligence reasoning models as it sets itself up to be ...