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Microsoft, CoreWeave

AI firm CoreWeave denies contract cancellations with Microsoft

IPO-bound AI cloud startup CoreWeave said on Thursday it had not seen any contract cancellations after the Financial Times reported that the company's largest customer, Microsoft , had moved away from some agreements.

Financial Times · 4d

Microsoft drops some CoreWeave services ahead of $35bn IPO

The three founders have each sold at least $150mn worth of their stock in the company since December 2023, according to the IPO filings. CoreWeave’s 10 directors and executives, including the three co-founders, collectively own about 30 per cent of the company but have more than 80 per cent of the voting rights.

Business Insider · 3d

CoreWeave denies contract cancellations with Microsoft, Reuters reports

CoreWeave (CRWV) said on Thursday it had not seen any contract cancellations after The Financial Times reported that Microsoft (MSFT), the

OpenAI, IPO and CoreWeave

The Economic Times on MSN · 14m

CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO, sources say

The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million to the ChatGPT maker through a private placement at the time of its initial public offering, the sources said,

Markets Insider · 1h

CoreWeave strikes $12B contract with OpenAI ahead of IPO, Reuters says

CoreWeave (CRWV), an artificial intelligence startup backed by Nvidia (NVDA), has signed a five-year contract worth $11.9B with Microsoft

Devdiscourse · 1h

CoreWeave's $11.9 Billion Deal with OpenAI: A Prelude to IPO Success?

CoreWeave, an AI startup backed by Nvidia, has secured an $11.9 billion contract with OpenAI for cloud computing services, ahead of its IPO. In exchange, OpenAI will gain a stake in CoreWeave, which plans to issue shares worth $350 million.

CoinDesk4d

Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments

Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft ...

Microsoft Withdraws from Cloud Deals with CoreWeave

Microsoft (MSFT, Financial) has scaled back select agreements with cloud provider CoreWeave over delivery issues and missed ...

CRN4d

Seven Things To Know About CoreWeave’s S-1: Top Customers, Revenue And More

Rising AI cloud provider and IPO candidate CoreWeave revealed fast-growing revenue from a “limited number of customers,” ...

1don MSN

This Nvidia-Backed IPO Grew 737% Last Year and Is About to Go Public: What Investors Should Know About CoreWeave

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...

Investing News Network on MSN2d

Tech 5: CoreWeave Plans US$4 Billion IPO, Trump Threatens CHIPS Act

Tech stocks were active this week, impacted by a broader market correction, key announcements and funding rounds. Google’s ...

3don MSN

What is CoreWeave, the cloud-services provider expected to go public next week?

CoreWeave is heading toward a much-anticipated initial public offering as soon as next week, which will give investors ...

5don MSN

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 ...

The Next Platform4d

CoreWeave’s 250,000-Strong GPU Fleet Undercuts The Big Clouds

CoreWeave, the upstart GPU cluster datacenter operator that was formerly a relatively small cryptocurrency miner based in ...

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