Coreweave and OpenAI reach a strategic agreement worth $11.9 billion

Odaily Planet Daily 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 stock. It is reported that this strategic transaction involves expanding OpenAI's computing power and extending its latest model to its hundreds of millions of global users. （Theblock）