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 strikes $11.9B deal with OpenAI to deliver AI infrastructure
CoreWeave has signed a five-year $11.9 billion deal with OpenAI to provide AI infrastructure, ahead of the company's much-anticipated IPO.
Nvidia-Backed CoreWeave Secures $12B OpenAI Deal to Power AI Growth Before IPO
Nvidia (NVDA)-backed CoreWeave, an artificial intelligence (AI) cloud-computing startup, has locked in a nearly $12 billion
CoreWeave in $11.9B AI Infrastructure Deal with OpenAI
GPU cloud company CoreWeave today announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI’s compute capacity for training and delivering its latest models at scale to its hundreds of millions of users.
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,
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
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,
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 ...
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UK watchdog drops competition review of Microsoft's OpenAI deal
But since then OpenAI has attracted other big investors including Japan's Softbank and chipmaker Nvidia after its success with ChatGPT. The CMA has stepped up scrutiny of AI deals amid a wave of ...
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Microsoft's OpenAI Deal Gets a Green Light in the UK-Here's Why the U.S. May Not Be as Forgiving
The country's Competition and Markets Authority (CMA) has decided not to investigate its partnership with OpenAI, ruling that Microsoft doesn't actually control the ChatGPT maker. That's a win for ...