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,
The Financial Times19d
Apple’s diversity policies and OpenAI deal targeted by shareholders
The proposal warns that Apple’s partnership with OpenAI could create data privacy and security risks. The vote on the two shareholder proposals comes as deals in the AI space come under ...
Digital Trends1mon
Apple gets relief for an AI ache. It could fix Apple Intelligence for everyone
For the rest of the world, Apple Intelligence arrived months ago, featuring the company’s own work with generative AI tools and some extra help from OpenAI’s GPT stack. The deal with Alibaba ...
Trump is already trying to put his stamp on AI
In one of his first actions as president, Donald Trump revoked a sweeping executive order from the Biden era that sought to implement safeguards on artificial intelligence. It was a sign that Trump ...
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 ...
Gizmodo8d
Microsoft’s Relationship With OpenAI Is Not Looking Good
It seems the tune has changed since OpenAI CEO Sam Altman appeared at the White House to announce his new infrastructure deal with Oracle. Microsoft is reportedly planning on selling access to its ...
ABC News10d
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 ...