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CoreWeave said to strike $12B pact with OpenAI ahead of IPO

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave

In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, which

USA TODAY · 1d

CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say

The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the time of its IPO.

Business Insider · 15h

AI Daily: CoreWeave said to strike $12B pact with OpenAI ahead of IPO

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

AI, Microsoft and Quietly Build

eWeek · 1d

Will Microsoft’s Hush-Hush AI Moves Turn OpenAI Into a Rival?

Microsoft and OpenAI have worked closely since 2019, with Microsoft investing over $13 billion in the ChatGPT maker. However, the partnership seems to be shifting. Microsoft’s AI division, now led by Mustafa Suleyman, co-founder of DeepMind and Inflection, has been expanding its in-house capabilities.

InfoWorld · 4d

Microsoft reportedly struggling to build its own reasoning models to rival OpenAI

Self-sufficiency in AI has become a top priority for the company, but homegrown models rumored for release last year are still in testing.

Wall Street Journal · 16h

OpenAI Wants Businesses to Build Their Own AI Agents

The artificial intelligence startup released a platform that lets companies create their own AI bots for completing tasks such as customer service and financial analysis.

Microsoft’s Relationship With OpenAI Is Not Looking Good

The major investor in OpenAI has been looking to cut ties as the two companies start looking more like competitors.

21hon MSN

Microsoft's OpenAI "tech bromance" dodges UK merger probe — as it builds in-house models and tests DeepSeek in Copilot to break away from the ChatGPT maker

After investigating Microsoft's partnership with OpenAI, the UK’s Competition and Markets Authority (CMA) says it's not a ...

OpenAI’s Transparency Problem : Why Microsoft is Seeking New AI Allies

OpenAI and Microsoft’s partnership faces challenges as transparency issues and competition reshape the AI industry.

4don MSN

Microsoft reportedly ramps up AI efforts to compete with OpenAI

Microsoft Microsoft is accelerating its push to compete with OpenAI, its longtime collaborator, according to a report.

eWeek5d

UK Says OK to $13B Microsoft-OpenAI Deal: What it Means for Competition

After 14 months, the U.K.’s Competition and Markets Authority concluded the Microsoft-OpenAI deal does not warrant a full ...

ExtremeTech on MSN1d

Microsoft Upgrades Copilot With Free Access to OpenAI's Latest Reasoning Model

The o3-mini-high model has capabilities similar to OpenAI's o1 reasoning models but with faster processing and improved ...

4don MSN

Microsoft developing AI reasoning models to compete with OpenAI, The Information reports

Microsoft is developing in-house artificial intelligence reasoning models to compete with OpenAI and may sell them to ...

The Next Platform18h

What A Tangled OpenAI Web We CoreWeave

Wouldn’t it be funny if all of that money that Microsoft spent last year paying neocloud upstart CoreWeave was just to ...

1don MSN

Salesforce CEO Marc Benioff's prediction about Microsoft and OpenAI's partnership may have just manifested — and it's not a pretty look for the ChatGPT maker

Microsoft is reportedly developing in-house reasoning models to give OpenAI a run for its money, which could be an indication ...

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CoreWeave said to strike $12B pact with OpenAI ahead of IPO

AI, Microsoft and Quietly Build

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