OpenAI has entered into a significant five-year cloud computing contract valued at $11.9 billion with CoreWeave, according to sources familiar with the deal. The agreement, marking a major step for both companies, is set to help OpenAI scale its operations and improve its computational infrastructure for training AI models, including its widely known GPT series.
CoreWeave, a cloud computing provider that specializes in GPU-based infrastructure, will play a critical role in supporting OpenAI’s increasing demand for computing power. The deal also reflects OpenAI's growing reliance on specialized hardware for its artificial intelligence and machine learning tasks.
This partnership is expected to strengthen OpenAI’s position in the highly competitive field of AI research and development, while also furthering CoreWeave's expansion into the AI industry. The move follows OpenAI's increasing demand for computational resources to power its applications, such as ChatGPT, which have seen rapid growth in user engagement.
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OpenAI launched GPT-5 on Thursday. The much-anticipated next generation of its generative AI technology is the same system behind the popular ChatGPT chatbot. The new model is now available to all 700 million ChatGPT users, according to the company.
OpenAI’s GPT-5 model is nearing release, with early testers praising its coding and problem-solving skills, though experts say the leap from GPT-4 may be smaller than previous upgrades.
Tech giant Google has announced a $1 billion investment to support Artificial Intelligence (AI) education and research at universities across the United States.
Tesla has granted Elon Musk a $29 billion share award as part of a new compensation plan to retain him as CEO while the company shifts focus from electric cars to robotaxis and AI. The move revives elements of a controversial 2018 package previously struck down by a Delaware court.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
Scientists have discovered previously unknown communities of deep-sea creatures that survive by converting chemicals into energy, rather than feeding on organic matter, during dives into two of the Pacific Ocean’s deepest trenches.
The acting chief of the U.S. space agency NASA is expected to unveil a directive this week to build a nuclear reactor on the moon by 2030, according to U.S. media reports, as the United States seeks to strengthen its space presence amid growing competition from China and Russia.
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A SpaceX Falcon 9 rocket successfully launched from NASA’s Kennedy Space Center in Florida on Friday, sending an international crew of four astronauts to the International Space Station (ISS) aboard the Dragon spacecraft as part of NASA’s Crew-11 mission.
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