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GPU cloud services company CoreWeave recently announced a five-year, $119 billion strategic partnership agreement with OpenAI. Under the agreement, CoreWeave will provide OpenAI with the necessary computing power to support the training and delivery of its AI models. This significant deal marks a deepening collaboration between the two companies in the field of artificial intelligence. As part of the collaboration, CoreWeave will also issue $3...

CoreWeave, an Nvidia-backed AI startup, has announced a five-year, $11.9 billion contract with OpenAI. This deal comes as CoreWeave prepares for an upcoming IPO and provides a significant boost to the company. Image note: Image generated by AI, image licensing provider Midjourney, based on CoreWeave's announcement. The company will provide AI infrastructure for OpenAI.

As the UK government reaffirms its vision to become an AI superpower, American data center operator CoreWeave has announced the construction of two GPU data centers in the UK. These data centers will be located in Crawley and London Dock, developed in partnership with digital real estate companies Digital Realty and Global Switch. This investment totals £1 billion (approximately $1.2 billion), marking CoreWeave's further expansion in the UK market.

According to reports, Microsoft will spend nearly $10 billion renting servers from AI startup CoreWeave between 2023 and 2030. This amount accounts for more than half of the total $17 billion contract signed between CoreWeave and its customers. Neither CoreWeave nor Microsoft responded immediately to requests for comment. Previously, it was reported that CoreWeave is preparing for an initial public offering (IPO) in 2025. The company recently secured a $650 million credit line from several investment banks.

In the global wave of AI, India, a tech powerhouse, is experiencing significant market opportunities. According to a report jointly released by the IT industry association Nasscom and consulting firm BCG, the AI market in India is expected to reach $17 billion by 2027. Against this backdrop, the startup Neysa, led by seasoned tech entrepreneur Sharad Sanghi, emerged with the aim of capturing this growth opportunity by providing AI solutions to local and multinational companies. This Mumbai-based startup focuses on...