CoreWeave, an Nvidia-backed artificial intelligence startup, has struck a five-year agreement worth $11.9 billion with OpenAI. The agreement means CoreWeave is to provide AI infrastructure for OpenAI as it prepares for its initial public offering (IPO). Under the agreement, OpenAI will receive $350 million of CoreWeave shares through a private placement when the company floats […]
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More than seven in 10 cloud environments are employing managed AI services according to a new analysis, with the common use of OpenAI, be it directly or through Azure SDKs, suggesting that generative AI tools are ‘quickly becoming commonplace in cloud business models.’ The study, from cloud security platform provider Wiz, analysed more than 150,000… Read more »
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