OpenAI enters into US$ 11.9 billion deal with CoreWeave to expand compute capacity

Artificial Intelligence (AI) heavyweight OpenAI, has entered into a strategic deal worth US$ 11.9 billion with CoreWeave, a provider of cloud and data center solutions for AI companies. As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of US$ 350 million of CoreWeave stock. The aim is to expand […]