$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’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.
CoreWeave signed a five-year, $11.9 billion deal to provide AI infrastructure to OpenAI and will receive $350 million in ...
Nvidia-backed artificial intelligence startup CoreWeave has inked a five-year, $11.9 billion deal with OpenAI ahead of its ...
Tech giants like Microsoft (NASDAQ: MSFT) and Meta have been splurging on artificial intelligence (AI) accelerators and ...
OpenAI is taking a stake in IPO candidate CoreWeave for $350 million. The AI company promises $12 billion worth of business ...
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
Small issuers continued to dominate the U.S. IPO pipeline this week. However, all focus is on the NVIDIA-backed AI cloud ...
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