CoreWeave AI News & Updates
OpenAI Secures $11.9 Billion Computing Deal with CoreWeave
OpenAI has signed a five-year, $11.9 billion contract with cloud provider CoreWeave to secure AI computing resources, while also acquiring a $350 million equity stake in the company. This significant investment comes as CoreWeave prepares for an IPO and maintains deep connections with Microsoft, potentially reshaping the dynamics in the AI cloud computing sector.
Skynet Chance (+0.06%): The massive scale of investment ($11.9 billion) in computing infrastructure signals unprecedented resource allocation toward developing increasingly powerful AI systems, significantly increasing the capability ceiling for future models. This accelerating arms race in compute acquisition suggests development priorities may outpace safety considerations.
Skynet Date (-3 days): OpenAI's enormous compute acquisition represents a dramatic acceleration in the resources available for training advanced AI systems, potentially removing a key bottleneck that had previously constrained development timelines for the most capable AI systems.
AGI Progress (+0.1%): Access to vastly increased computing resources has been consistently correlated with major advances in AI capabilities. This unprecedented $11.9 billion compute investment will likely enable significantly more powerful models and training approaches that directly advance progress toward AGI.
AGI Date (-4 days): The scale of this computing investment ($11.9 billion over five years) represents a dramatic acceleration in the resources being allocated to advancing AI capabilities, likely removing a key limiting factor in the timeline toward developing AGI.