CoreWeave just pulled off a power move that changes the AI infrastructure game, locking in a five-year, $11.9 billion deal with OpenAI. And this is not only just about cloud computing or a reverse acquihire but it also puts OpenAI in direct control of its own computing future.
At the heart of this blockbuster agreement is OpenAI’s acquisition of $350 million in CoreWeave equity. OpenAI isn’t just renting GPUs; it now owns a stake in the very company powering its AI ambitions. If there is one organization worried it's Microsoft, OpenAI’s biggest investor and (formerly) sole cloud provider.
The OpenAI-Microsoft relationship has been one of convenience, necessity, and increasing tension. Microsoft poured billions into OpenAI, gaining access to its models for Azure customers. But a
OpenAI’s 11.9 Billion Power Move with CoreWeave Signals a Break from Microsoft
- By Anshika Mathews
- Published on
With GPU demand at an all-time high and an IPO on the horizon, CoreWeave is at the center of the AI arms race.
