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Every time a new day dawns in the world of AI, billions of dollars change hands in massive deals. The latest arrangement is by CoreWeave, signing up to provide AI datacenter capacity to OpenAI, to the tune of a cool $6.5 billion.
This collaboration is the second expansion of an existing agreement. The initial deal was struck in March for $11.9 billion, and later revised in May for an additional $4 billion. Adding up today’s contract, the partnership totals $22.4 billion.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Every time a new day dawns in the world of AI, billions of dollars change hands in massive deals. The latest arrangement is by CoreWeave, signing up to provide AI datacenter capacity to OpenAI, to the tune of a cool $6.5 billion.
This collaboration is the second expansion of an existing agreement. The initial deal was struck in March for $11.9 billion, and later revised in May for an additional $4 billion. Adding up today’s contract, the partnership totals $22.4 billion.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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