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OPENAI has forged a contract of nearly $ 12 billion with Coreweave and will participate in the Cloud Computing supplier, strengthening the group before its expected public list of $ 35 billion.
The chatgpt manufacturer has signed a five -year agreement in which Coreweave will provide calculation power to train and execute Openai artificial intelligence Models, said two people knowing the agreement. OPENAI seeks to extend beyond an addiction to Microsoft, its greatest partner, for its computer needs.
The Financial Times last week reported that Microsoft had moved away from an agreement planned with Coreweave due to the cloud computing supplier Delivery problems. This decision was a blow for the company based in New Jersey, which posted this month a first public call in New York in which he will seek to collect around $ 4 billion.
The new $ 11.9 billion contract in Openai helps to fill this vacuum, and could lead it to spending Microsoft, which represented 62% of Coreweave income last year, according to public disclosure. Microsoft has agreed to spend $ 10 billion on Coreweave services by 2030.
As part of the Openai Agreement with Coreweave, the IA company will also benefit from a participation of $ 350 million in the group at the time of the IPO, said a person who knows the plans.
Coreweave, which was founded in 2017 as an cryptocurrency extraction operation, pivoted to offer cloud services for technological companies to build and train AI models using NVIDIA graphic treatment units (GPU). The group has accumulated more than 250,000 of the GPU AI of Nvidia, which in fact among the largest customers of the flea manufacturer.
The OpenAi agreement with the company is its last effort to stimulate and diversify the computing power it had.
Sam Altman, the co-founder and chief executive officer of the company, argued that the infrastructure will be essential in the race for the construction of advanced AI models. Microsoft CEO Satya Nadella, as for him, recently raised concerns about “surfuil” of the IT capacity, because the major technology giants pay hundreds of billions of dollars in data centers.
OPENAI also teamed up with SoftBank on a potential effort of $ 500 billion on the data center nicknamed “Stargate” in recent months, and has concluded data center agreements with Oracle.
Openai and Coreweave refused to comment. Reuters reported that Optai had signed a contract with Coreweave.
