Key Takeaways
- CoreWeave has secured a deal with OpenAI valued at up to $6.5 billion.
- The partnership supports the rapid scaling of OpenAI’s AI operations and massive GPU/data center requirements.
CoreWeave, a cloud computing provider specializing in AI infrastructure, secured a deal with OpenAI worth up to $6.5 billion today.
The agreement adds to CoreWeave’s expanding partnerships with major AI companies as demand for specialized computing infrastructure surges. The company was recently valued at $75 billion and maintains a $6.3 billion capacity guarantee deal with Nvidia through 2032.
OpenAI is pursuing ambitious infrastructure expansion, reportedly planning to spend around $100 billion on GPU rentals as part of a broader $450 billion investment over the next five years. The AI research company has outlined goals to produce a gigawatt of new AI capacity weekly.
The arrangement supports OpenAI’s massive GPU and data center requirements as it scales its operations.
Source: https://cryptobriefing.com/coreweave-openai-6-5b-deal-ai-infrastructure/