$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.
Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web ...
Key Takeaways CoreWeave could go public as soon as next week in what is expected to be one of the biggest IPOs in recent ...
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough ...
Ahead of CoreWeave’s upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost ...
CoreWeave is heading toward a much-anticipated initial public offering as soon as next week, which will give investors ...
There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with ...
In early 2024, a 13F filing from Nvidia revealed that the chipmaker had an equity stake ... As I pointed out in an article ...
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