1Wk·

OpenAI invests 6.5 billion in CoreWeave

$CRWV (-2.77%) JUST IN: OpenAI has expanded its partnership with CoreWeave $CRWV (-2.77%) with a new contract worth 6.5 billion dollars.

With this latest agreement, the total value of contracts between CoreWeave and OpenAI now stands at around $22.4 billion. Is a deal coming soon with $NBIS (+2.8%) ?

2 Comments

Investor@investingbeginner

1Wk

They already did a deal with Microsoft 2 weeks ago, but what's coming is the opening of the UK data center in the coming weeks and also the opening of the initial phase of the new jersey data center (those are certain if everything is in schedule), I expect maybe new deals to also come in the coming months

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Olli@Olli68

1Wk

I'm still wondering how they're going to make money at some point. Somehow they just move money back and forth between bros.
If that doesn't go boom at some point. 😎

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