OpenAI Grows CoreWeave Tie-Up With New $4 Billion Cloud Deal
CoreWeave signage in Times Square in New York.
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
CoreWeave Inc. has secured a deal worth as much as $4 billion to provide additional cloud computing capacity to artificial intelligence leader OpenAI, expanding a tie-up between the two firms.
The data center builder said in a filing Thursday that OpenAI will pay the sum through 2029. CoreWeave had disclosed a $4 billion deal on its earnings call late Wednesday but did not name the party, beyond describing it as an enterprise AI company.