OpenAI is pouring $12B into CoreWeave

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
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 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 ahead of its hotly anticipated stock market launch.
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, Microsoft and Quietly Build

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The major investor in OpenAI has been looking to cut ties as the two companies start looking more like competitors.
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After investigating Microsoft's partnership with OpenAI, the UK’s Competition and Markets Authority (CMA) says it's not a ...
OpenAI’s Transparency Problem : Why Microsoft is Seeking New AI Allies
OpenAI and Microsoft’s partnership faces challenges as transparency issues and competition reshape the AI industry.
Microsoft reportedly ramps up AI efforts to compete with OpenAI
Microsoft Microsoft is accelerating its push to compete with OpenAI, its longtime collaborator, according to a report.
Microsoft developing AI reasoning models to compete with OpenAI, The Information reports
Microsoft is developing in-house artificial intelligence reasoning models to compete with OpenAI and may sell them to ...
This may be the '$12 billion proof' that all is not well between Microsoft and ChatGPT maker OpenAI
OpenAI has signed a five-year, $11.9 billion deal with CoreWeave, enhancing their cloud computing capabilities with over ...
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UK Says OK to $13B Microsoft-OpenAI Deal: What it Means for Competition
After 14 months, the U.K.’s Competition and Markets Authority concluded the Microsoft-OpenAI deal does not warrant a full ...
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Microsoft Upgrades Copilot With Free Access to OpenAI's Latest Reasoning Model
The o3-mini-high model has capabilities similar to OpenAI's o1 reasoning models but with faster processing and improved ...
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Salesforce Joins Microsoft, OpenAI, and Other Tech Giants in Singapore with $1B AI Investment
Key Takeaways Cloud-based software giant Salesforce will invest $1 billion in Singapore. The Southeast Asian country is ...