CoreWeave signs five-year contract with OpenAI for $11.9 billion! AI infrastructure provider poised for its IPO!

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The AI startup CoreWeave (CRWV) is a provider of data center technology and services for artificial intelligence companies and has signed a five-year contract worth $11.9 billion with OpenAI, according to a press release on Monday, March 10, 2025. CoreWeave will provide OpenAI with its dedicated computing capacity and AI infrastructure for training the ChatGPT model and its advanced services. CoreWeave to become a new hyperscaler in the AI cloud space CoreWeave is a new AI hyperscaler in the market, offering a cloud platform with cutting-edge...
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