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

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.
This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave
There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with the potential to take on the top tech stocks in the market. However, one company right in the middle of the artificial intelligence (AI) revolution may be about to make its public debut.
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
Nvidia-Backed CoreWeave Lands $11.9B OpenAI Deal-What It Means for AI's Future
CoreWeave's partnership with OpenAI strengthens AI computing power and boosts its IPO prospects, with Nvidia playing a key role
What You Need To Know About CoreWeave, the Nvidia-Backed Firm Targeting a $4B IPO
Key Takeaways CoreWeave could go public as soon as next week in what is expected to be one of the biggest IPOs in recent years.The cloud computing company is backed by Nvidia and counts Microsoft among its clients.
Nvidia-backed CoreWeave closes $12B OpenAI cloud computing deal ahead of IPO
CoreWeave is one of the tech companies that has capitalized on the AI boom by leveraging an early investment in Nvidia and shifting towards artificial
Nvidia Invested in CoreWeave, but I Won't Be Buying the IPO
Given that cloud giants and other tech companies are currently scrambling to obtain AI compute capacity, CoreWeave has enough leverage to impose this kind of arrangement. If the company is forced to move to a pay-as-you-go model without multiyear customer commitments, its revenue would become much less predictable.
AI Daily: CoreWeave said to strike $12B pact with OpenAI ahead of IPO
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Wall Street's hopes for a 2025 IPO bonanza are being put to the test
Several tech companies including CoreWeave, Klarna, and Discord are setting out to go public sometime over the second quarter ...
Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific ...