Coreweave and OpenAI reach a strategic agreement worth $11.9 billion

Odaily News Coreweave has announced a strategic agreement with OpenAI with a contract value of up to $11.9 billion. OpenAI will also become an investor in AI HyperScaler by issuing $350 million worth of Coreweave shares. It is reported that this strategic transaction involves expanding OpenAI's computing power and extending its latest models to its hundreds of millions of global users. (Theblock)