Openai gets nearly $ 12 billion, Coreweave, with the cloud company occupying $ 35 billion in public subscription to reduce dependence on Microsoft – Meta platform

Openai A contract of $ 11.9 billion signed with Coruv You will get a 350 million dollar shares share in the cloud computing provider, which promotes the company before it It is expected 35 billion dollars for the initial public offering.

What happenedThe agreement enables the Openai to reduce its dependence on Microsoft Corp. Msft For computing energy required to train and operate artificial intelligence models, I mentioned Vinancial times, quoting sources.

“The partnership with Openai on this new contract is on Coreweave’s ability to provide reliable infrastructure and performance services, and to operate Amnesty International Innovations for Global Instelligence Labs,” he said. Michael InterexCo -founder and CEO of Kuruv.

Coreave appeared as “AI HypersCaler”, which works more than 250,000 Nafidia Company‘s Nvda Amnesty International GPU across 32 data centers. The company’s revenues increased by 737 % to $ 1.9 billion in 2024, although it was reported a net loss of $ 863 million.

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Why do it matterThe deal represents the last Openai effort to secure and diversify the computing infrastructure. CEO Sam Taman He emphasized that the infrastructure will be decisive in the competition to build models of advanced artificial intelligence, even as Microsoft Satia Nadila It has expressed concerns about “excessive buildings” of computing ability.

Coreave, founded in 2017 as an encrypted currency mining process, is surrounded by cloud services to develop the artificial intelligence model. the The company recently got Weights and biasesA prominent AI development platform used by companies, including Openai and Meta Platforms Inc. Dead.

Coreweave’s transaction is enhanced as a comprehensive platform for developing artificial intelligence with Openai’s help to reduce its dependence on Microsoft. Coreave is planning to be included in the Nasdak Stock Exchange under the “CRWV” index with Morgan Stanley and Goldman Sach Group Inc. Subscribe to the offer.

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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.