OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Publishing timestamp: 2025-03-10 19:29:30
Summary
CoreWeave signs a five-year deal with OpenAI worth almost $12 billion, with OpenAI receiving a stake in CoreWeave as part of the agreement. CoreWeave is set to debut on Nasdaq soon and has seen significant growth in revenue and data center expansion.
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Keywords: technology, international business machines corp, microsoft corp, business news, meta platforms inc, generative ai, breaking news: technology, sam altman, nvidia corp, artificial intelligence,