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CoreWeave said to strike $12B pact with OpenAI ahead of IPO

CoreWeave signs $11.9B 5-year deal with OpenAI to provide infrastructure

Nvidia (NASDAQ:NVDA)-backed AI startup CoreWeave signed a five-year contract to deliver AI infrastructure with OpenAI. The contract value for this strategic deal is up to $11.9B This agreement is part of CoreWeave's preparations for its highly anticipated initial public offering,

Business Insider · 1d

Nvidia-Backed CoreWeave Secures $12B OpenAI Deal to Power AI Growth Before IPO

Nvidia (NVDA)-backed CoreWeave, an artificial intelligence (AI) cloud-computing startup, has locked in a nearly $12 billion

USA Today · 1d

CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say

The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the time of its IPO.

NASDAQ Stock Market Correction

DatacenterDynamics · 7d

CoreWeave files for IPO on Nasdaq stock market

AI cloud provider CoreWeave is going public via an IPO on the Nasdaq stock exchange. The number of shares and the price range for the offering have not yet been determined, but CoreWeave is offering shares of its Class A common stock under the ticker "CRWV."

The Motley Fool · 3h

Nasdaq Correction: 2 Top Stocks to Buy and Hold Forever

The Nasdaq Composite is in correction territory, which has created opportunities for investors to buy “forever stocks” at a discount. Starbucks is in the early stages of a turnaround, and the early results are encouraging.

AOL · 1d

Nasdaq Stock Market Correction: 2 Ultra-Cheap Stocks to Buy Right Now

The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now 13% below its recent high, placing the tech-heavy index officially into correction territory. Two in particular that look attractive in the current Nasdaq correction are chipmaker Advanced Micro Devices (NASDAQ: AMD) and PayPal (NASDAQ: PYPL).

1don MSN

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 ...

Nasdaq2d

This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave

CoreWeave, which plans to list on the Nasdaq under the symbol CRWV, finds itself at the center of the AI revolution. However, the company didn't actually start out that way. In 2017, CoreWeave ...

Investing News Network on MSN3d

Tech 5: CoreWeave Plans US$4 Billion IPO, Trump Threatens CHIPS Act

Tech stocks were active this week, impacted by a broader market correction, key announcements and funding rounds. Google’s ...

Nvidia-Backed CoreWeave Files for an IPO

CoreWeave, an artificial intelligence (AI) cloud-computing startup backed by Nvidia (NVDA), filed for an initial public ...

Nasdaq6d

Nvidia Invested in CoreWeave, but I Won't Be Buying the IPO

AI accelerator market-leader Nvidia (NASDAQ: NVDA) invested in CoreWeave back in 2023, and now, the AI cloud platform is planning to go public and will likely target a valuation of at least $35 ...

1don MSN

IPO Roundup: CoreWeave, Cal Redwood Acquisition and more

Small issuers continued to dominate the U.S. IPO pipeline this week. However, all focus is on the NVIDIA-backed AI cloud ...

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