Tech Crunch – In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave

Posted on March 10, 2025

In a grandmaster-level chest move, OpenAI has signed a five-year, $11.9 billion agreement with GPU-heavy cloud service, CoreWeave, Reuters reports citing people close to the deal. The deal involves OpenAI buying $350 million worth of equity in CoreWeave, the sources told Reuters. This stock sale is said to be separate from CoreWeave’s planned IPO. CoreWeave […]