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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A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
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Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
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