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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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Bill Gates’ nuclear energy startup inks new data center deal
TerraPower, a nuclear energy startup founded by Bill Gates, struck a deal this week with one of the largest data center developers in the US to deploy advanced nuclear reactors. TerraPower and Sabey Data Centers (SDC) are working together on a plan to run existing and future facilities on nuclear energy from small reactors. Tech companies are scrambling to determine…
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UK government inks five-year cloud and AI deal with Microsoft
Microsoft and the UK government have signed off on a five-year agreement that will provide the latter with access to a wide range of cloud and AI products, Microsoft has announced. Centered specifically on the public sector, the deal will allow individual governmental bodies to pursue digital transformation goals via a range of Microsoft products from November 1 this year.…
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Intel inks deal with AWS to supply AI chips
Intel seems to be making a comeback in the AI space after its shares jumped 4% following the announcement of a major deal with Amazon Web Services. This is the first positive news since the firm slashed its workforce by 15% earlier this year. CEO Pat Gelsinger heralded the deal suggesting it would “unleash innovation” across the companies’ shared ecosystem…
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