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 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 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 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 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.
OpenAI Secures Nearly $12 Billion Contract with CoreWeave Ahead of IPO
The timing of this agreement is particularly significant, as CoreWeave is preparing for its initial public offering (IPO), projected to value the company at approximately $35 billion. This partnership signals the growing interdependence between AI developers and cloud infrastructure providers, a dynamic that investors are keenly watching.
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,
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.
CoreWeave signs $11.9B 5-year deal with OpenAI to provide infrastructure
Nvidia (NASDAQ:NVDA)-backed AI startup CoreWeave signed a five-year contract to deliver AI infrastructure with OpenAI. The contract value for this strategic deal is up to $11.9B This agreement is part of CoreWeave's preparations for its highly anticipated initial public offering,
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$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 ...
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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 ...
Profitable Klarna files for a potentially blockbuster IPO
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are ...
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OpenAI News | Today's Latest Stories | Reuters
Artificial Intelligencecategory· March 10, 2025 CoreWeave inks $11.9 billion contract with OpenAI ahead of IPO CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five ...
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 ...
OpenAI pumps 11.9 billion US dollars into CoreWeave
After Microsoft, OpenAI is now booking CoreWeave systems for huge sums of money. The timing before the IPO is probably no ...
CoreWeave signs ~$12B cloud computing contract with OpenAI: report
Nvidia (NVDA)-backed AI startup CoreWeave has signed a five-year contract worth $11.9B with OpenAI to provide its cloud computing services, Reuters reported on Monday, citing sources. The report comes ...