$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.
Tech giants like Microsoft (NASDAQ: MSFT) and Meta have been splurging on artificial intelligence (AI) accelerators and ...
IPO-bound AI cloud startup CoreWeave said on Thursday it had not seen any contract cancellations after the Financial Times ...
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 ...
Ahead of CoreWeave’s upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost ...
A new IPO filing from start-up CoreWeave suggests that every dollar put into the AI cloud is quickly paying off thanks to ...
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