NEWSUPDATE: Sources: CoreWeave has signed a five-year $11.9B contract with OpenAI that will give OpenAI a stake in the cloud computing provider ahead of its IPO (Echo Wang/Reuters)

Tuesday, 11 March 2025

Sources: CoreWeave has signed a five-year $11.9B contract with OpenAI that will give OpenAI a stake in the cloud computing provider ahead of its IPO (Echo Wang/Reuters)

Echo Wang / Reuters:
Sources: CoreWeave has signed a five-year $11.9B contract with OpenAI that will give OpenAI a stake in the cloud computing provider ahead of its IPO — CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), has signed a five-year contract worth $11.9 billion with OpenAI …

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