CoreWeave bags US$12bil cloud deal with OpenAI


The deal also gives OpenAI a stake in CoreWeave worth about US$350mil. — Bloomberg

NEW JERSEY: CoreWeave Inc has agreed a five-year contract with OpenAI Inc, according to a person familiar with the matter.

The cloud computing company sealed a pact worth US$11.9bil to provide services to the artificial intelligence pioneer, the person said, asking not to be identified as the information isn’t public yet.

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