CoreWeave
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OpenAI inks $12bn CoreWeave deal in latest move away from Microsoft
Cloud infrastructure company CoreWeave will supply OpenAI with infrastructure to run the firm’s latest models in a deal worth nearly $12 billion. The partnership comes as OpenAI looks to expand beyond Microsoft’s cloud infrastructure and ahead of CoreWeave’s IPO. The deal with OpenAI is worth $11.9 billion over five years, and reportedly also includes the allocation of $350 million in…
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Cisco’s ‘savvy’ CoreWeave deal will supercharge its AI ambitions
Cisco’s investment in CoreWeave could mark a major step in the tech giant’s aggressive AI push, analysts have told ITPro. Reports emerged last week that Cisco plans to invest in CoreWeave in a deal that will see the GPU firm valued at $23 billion. While neither firm has confirmed the agreement as of yet, CoreWeave does appear to be setting…
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