In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave
In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service ...
CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO
CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with ...
CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave
There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with ...
AI firm CoreWeave denies contract cancellations with Microsoft
IPO-bound AI cloud startup CoreWeave said on Thursday it had not seen any contract cancellations after the Financial Times ...
Microsoft Reduces Commitments to CoreWeave Ahead of IPO, FT Reports
Microsoft Corp. has withdrawn from some of its commitments with cloud computing provider CoreWeave due to delivery issues and ...
Nvidia Invested in CoreWeave, but I Won't Be Buying the IPO
Tech giants like Microsoft (NASDAQ: MSFT) and Meta have been splurging on artificial intelligence (AI) accelerators and ...
Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
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CoreWeave, OpenAI ink deal worth up to $11.9B
The latest news comes amid a move toward a potential IPO for the Jersey-born company, which "remain[s] a partner-of-choice to ...
Wall Street's hopes for a 2025 IPO bonanza are being put to the test
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
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$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 ...
Microsoft drops some CoreWeave services ahead of $35bn IPO
The three founders have each sold at least $150mn worth of their stock in the company since December 2023, according to the IPO filings. CoreWeave’s 10 directors and executives, including the three co ...