OpenAI strikes $12bn deal with CoreWeave

Read more at Financial Times
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How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts. The company is now set to make the first prominent A.I. initial public offering.The New York Times - 6d -
How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts. The company is now set to make the first prominent A.I. initial public offering.The New York Times - 6d -
How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts. The company is now set to make the first prominent A.I. initial public offering.The New York Times - 6d -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
FirstFT: ‘it feels nasty’ — US stock markets suffer heavy falls
Also in today’s newsletter, US-backed miner seeks to develop Ukraine lithium site and OpenAI forges near-$12bn contract with CoreWeaveFinancial Times - Mar. 11 -
Garrett's contract extension first of many wins Browns need in 2025
The deal rids Cleveland of a public dispute with Myles Garrett that threatened to cloud its free agency plans.ESPN - Mar. 10 -
Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO
Klarna, the buy now, pay later lender that’s headed for an initial public offering, said on Thursday that it’s signed on DoorDash as a partner, another sign of momentum for public market investors.NBC News - 4d -
Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with Wiz.CNBC - 3d -
Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets
Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.CNBC - 16h
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