nvidia coreweave - Search News

Altman Calls CoreWeave ‘An Important Addition’ to OpenAI

$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.

Yahoo Finance · 22h

Nvidia-Backed CoreWeave Lands $11.9B OpenAI Deal-What It Means for AI's Future

CoreWeave's partnership with OpenAI strengthens AI computing power and boosts its IPO prospects, with Nvidia playing a key role

Business Insider · 1d

Nvidia-Backed CoreWeave Secures $12B OpenAI Deal to Power AI Growth Before IPO

Nvidia (NVDA)-backed CoreWeave, an artificial intelligence (AI) cloud-computing startup, has locked in a nearly $12 billion

CoreWeave, IPO and NVIDIA

Investopedia on MSN · 4d

What You Need To Know About CoreWeave, the Nvidia-Backed Firm Targeting a $4B IPO

Key Takeaways CoreWeave could go public as soon as next week in what is expected to be one of the biggest IPOs in recent years.The cloud computing company is backed by Nvidia and counts Microsoft among its clients.

USA TODAY · 1d

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 time of its IPO.

The Motley Fool on MSN · 6d

Nvidia Invested in CoreWeave, but I Won't Be Buying the IPO

Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough leverage to impose this kind of arrangement. If the company is forced to move to a pay-as-you-go model without multiyear customer commitments, its revenue would become much less predictable.

The Information1h

‘Project Osprey:’ How Nvidia Seeded CoreWeave’s Rise

Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web ...

6don MSN

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 ...

6don MSN

Nvidia-backed cloud firm CoreWeave to acquire AI developer platform Weights & Biases

Nvidia-backed CoreWeave said on Tuesday that it is acquiring AI developer platform Weights & Biases as the company seeks to ...

4don MSN

What is CoreWeave, the cloud-services provider expected to go public next week?

CoreWeave is heading toward a much-anticipated initial public offering as soon as next week, which will give investors ...

Microsoft Withdraws from Cloud Deals with CoreWeave

Microsoft (MSFT, Financial) has scaled back select agreements with cloud provider CoreWeave over delivery issues and missed ...

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 walks away from some CoreWeave commitments ahead of $35bn IPO

Microsoft has walked away from some of its commitments with cloud computing provider CoreWeave in a significant blow to a company seeking to launch a blockbuster $35bn initial public offering next ...

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