CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO (Echo Wang/Reuters)

Echo Wang / Reuters: CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO  —  CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), has signed a five-year contract worth $11.9 billion …

Mar 11, 2025 - 01:05
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CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO (Echo Wang/Reuters)

Echo Wang / Reuters:
CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO  —  CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), has signed a five-year contract worth $11.9 billion …