OpenAI signs $11.9 billion five-year cloud computing contract with CoreWeave.
Monday, Mar 10, 2025 2:20 pm ET
1min read OpenAI signs $11.9 billion five-year cloud computing contract with CoreWeave.
OpenAI, the leading artificial intelligence (AI) research and development organization, recently announced a groundbreaking cloud computing contract with CoreWeave, a subsidiary of NVIDIA Corporation [1]. This five-year agreement, worth $11.9 billion, underscores the growing demand for advanced AI infrastructure and the strategic importance of NVIDIA in the evolving tech landscape.Founded in 2013, OpenAI is renowned for its commitment to advancing artificial general intelligence (AGI) in a responsible and safe manner [2]. The organization's research efforts encompass various domains, including natural language processing, computer vision, and robotics. To support these initiatives, OpenAI requires access to vast amounts of computing power.
NVIDIA, with its expertise in designing and manufacturing programmable graphics processors, is well-positioned to meet OpenAI's needs [1]. The company's offerings cater to a wide range of industries, including data storage, gaming, professional visualization, automotive, and others [1]. In the context of AI, NVIDIA's solutions have gained significant traction due to their ability to accelerate the training and deployment of AI models.
The financial implications of this deal are noteworthy. With a contract value of $11.9 billion, it represents one of the largest cloud computing agreements ever announced [1]. This significant investment in OpenAI's infrastructure will likely enable the organization to continue pushing the boundaries of AI research and development.
The importance of this partnership extends beyond OpenAI. As more organizations adopt AI technologies, the demand for advanced infrastructure solutions is expected to grow [3]. NVIDIA's strategic collaboration with OpenAI positions the company as a key player in this emerging market.
In conclusion, OpenAI's $11.9 billion cloud computing deal with CoreWeave is a testament to the growing importance of AI infrastructure and NVIDIA's strategic role in this space. This partnership will undoubtedly accelerate OpenAI's research efforts and contribute to the broader advancement of artificial general intelligence.
References:
[1] MarketScreener. (2025, February 28). CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say. https://www.marketscreener.com/quote/stock/NVIDIA-CORPORATION-57355629/news/CoreWeave-strikes-12-billion-contract-with-OpenAI-ahead-of-IPO-sources-say-49289137/
[2] OpenAI. (n.d.). About OpenAI. https://openai.com/about/
[3] John Lothian News. (2025, February 28). New Dream Exchange Aims to List Black-Owned Companies. https://johnlothiannews.com/new-dream-exchange-aims-to-list-black-owned-companies/
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