In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave
In a grandmaster-level chest move, OpenAI has signed a five-year, $11.9 billion agreement with GPU-heavy cloud service, CoreWeave, Reuters reports citing people close to the deal. The deal involves OpenAI buying $350 million worth of equity in CoreWeave, the sources told Reuters. This stock sale is said to be separate from CoreWeave’s planned IPO. CoreWeave […] © 2024 TechCrunch. All rights reserved. For personal use only.
In a grandmaster-level chest move, OpenAI has signed a five-year, $11.9 billion agreement with GPU-heavy cloud service, CoreWeave, Reuters reports citing people close to the deal. The deal involves OpenAI buying $350 million worth of equity in CoreWeave, the sources told Reuters. This stock sale is said to be separate from CoreWeave’s planned IPO. CoreWeave […]
© 2024 TechCrunch. All rights reserved. For personal use only.
