$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-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...
The cloud computing firm intends to test the public markets, potentially setting the tone for other AI firms amid market ...
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the ...
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough ...
CoreWeave, an artificial intelligence (AI) cloud-computing startup backed by Nvidia (NVDA), filed for an initial public ...
CoreWeave, an AI firm in close partnership with bitcoin miner Core Scientific (CORZ), filed for an initial public offering ...
The Nvidia-backed startup filed its IPO prospectus Monday, showing its growth but also some concerns around demand and its ...
The AI infrastructure provider is eyeing a $35 billion valuation after transforming its crypto mining business six years ago.
A new IPO filing from start-up CoreWeave suggests that every dollar put into the AI cloud is quickly paying off thanks to rapid growth rates in the business.
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