OpenAI, CoreWeave and IPO

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave
In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, which
CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO
CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch.
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.
CoreWeave secures $11.9 billion OpenAI contract as IPO nears
CoreWeave signed a five-year, $11.9 billion deal to provide AI infrastructure to OpenAI and will receive $350 million in CoreWeave shares.
CoreWeave Signs $11.9 Billion Agreement With OpenAI
Nvidia-backed artificial intelligence startup CoreWeave has inked a five-year, $11.9 billion deal with OpenAI ahead of its eagerly awaited stock market debut. TakeAway Points: CoreWeave will privately place $350 million worth of shares in OpenAI.
CoreWeave, OpenAI clinch deal worth up to $11.9B
The latest news comes amid a move toward a potential IPO for the Jersey-born company, which "remain[s] a partner-of-choice to meet the bleeding-edge needs of pioneers to unleash AI’s potential to change the world,
CoreWeave inks deal with OpenAI to provide AI infrastructure
As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of CoreWeave stock
AI Daily: CoreWeave said to strike $12B pact with OpenAI ahead of IPO
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
CoreWeave Announces Agreement with OpenAI to Deliver AI Infrastructure
CoreWeave to provide dedicated compute capacity for OpenAI's model training and services LIVINGSTON, N.J., March 10, 2025 /PRNewswire/ -- CoreWeave today announced a deal to deliver AI infrastructure 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).
CoreWeave signs $11.9bn deal with OpenAI
CoreWeave, a cloud service provider specialising in GPU-heavy workloads, has signed a $11.9bn deal to provide AI infrastructure to OpenAI. This deal is expected to bolster OpenAI's compute capacity, which is said to be crucial for training and deploying advanced AI models to its global user base.
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OpenAI signs $12 billion agreement with CoreWeave
OpenAI has signed a five-year contract with a value up to $11.9 billion with the GPU-heavy cloud service provider CoreWeave ...
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‘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 ...
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 ...
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What A Tangled OpenAI Web We CoreWeave
Wouldn’t it be funny if all of that money that Microsoft spent last year paying neocloud upstart CoreWeave was just to ...
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CoreWeave to deploy Nvidia GB200 NVL72 cluster at Bulk Infrastructure data center in Norway
CoreWeave has selected a Bulk Infrastructure data center in Norway to host a Nvidia GB200 NVL72 cluster deployment. The ...
CoreWeave serves as bellwether for AI in soft IPO market
The cloud computing firm intends to test the public markets, potentially setting the tone for other AI firms amid market ...
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OpenAI acquires stake in data centre builder CoreWeave
OpenAI is taking a stake in IPO candidate CoreWeave for $350 million. The AI company promises $12 billion worth of business ...
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Core Scientific Stock Gains As HC Wainwright Reiterates Rating On CoreWeave's $12B OpenAI Deal: Retail Stays Extremely Bullish
Shares of Core Scientific Inc. (CORZ) gained almost 8% in Tuesday’s regular session and extended gains during after-hours ...