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 ...
DatacenterDynamics12h
OpenAI agrees $11.9bn AI cloud deal with CoreWeave - report
According to Reuters, which first reported the news, CoreWeave will not receive any IPO proceeds from the OpenAI stake. The ...
Oracle gives strong outlook on cloud, fueling Stargate optimism
The company sees solid demand for its cloud infrastructure for generative AI and partnerships. Read more at straitstimes.com.
NewsBytes22h
OpenAI invests $12B in CoreWeave to expand AI infrastructure
OpenAI has signed a five-year deal with GPU-focused cloud service provider CoreWeave. The deal, reportedly worth $11.9 ...
What Silicon Valley really wants from Sacramento
A major tech and business group is putting data centers at the top of its Sacramento agenda this year. Some legislators are ...
Nextgov10h
OpenAI anticipates rapid data center scaling thanks to Trump
OpenAI Chief Product Officer Kevin Weil said the company’s AI offerings will benefit from the Trump administration’s tech ...
Oracle Misses on Earnings but Stock Rises on New Deals with Nvidia, Meta, and OpenAI.
Oracle stock was rising in late trading Monday despite the company reporting fiscal third-quarter results below Wall Street’s ...
Microsoft's OpenAI "tech bromance" dodges UK merger probe — as it builds in-house models and tests DeepSeek in Copilot to break away from the ChatGPT maker
After investigating Microsoft's partnership with OpenAI, the UK’s Competition and Markets Authority (CMA) says it's not a ...
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Oracle's Strong Growth Outlook Driven by AI Cloud Demand
Oracle reports $14.1 billion in total revenues for Q3 fiscal 2025, with notable growth in AI cloud services driving the ...