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CoreWeave Signs $11.9 Billion Agreement with OpenAI Ahead of IPO

  • NVIDIA-backed CoreWeave signs $11.9 billion agreement with OpenAI.
  • OpenAI to receive $350 million in CoreWeave shares through a private placement.
  • CoreWeave's revenue increased to $1.92 billion in 2024.
  • CoreWeave provides cloud infrastructure services based on NVIDIA hardware.

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