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OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services

Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.
CNBC - 1d
OpenAI strikes $12bn deal with CoreWeave

Contract is a boost to the cloud computing provider ahead of its $35bn initial public offering
Financial Times - 1d
StubHub Eyes Potential I.P.O. as Soon as This Year

The ticket reselling site joins the social chat app Discord and the artificial intelligence company CoreWeave in pursuing a public offering.
The New York Times - 5d
FirstFT: ‘it feels nasty’ — US stock markets suffer heavy falls

Also in today’s newsletter, US-backed miner seeks to develop Ukraine lithium site and OpenAI forges near-$12bn contract with CoreWeave
Financial Times - 18h

OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services