CoreWeave AI News & Updates
CoreWeave Acquires Core Scientific for $9B to Expand AI Data Center Capacity
CoreWeave announced a $9 billion all-stock acquisition of data center provider Core Scientific, gaining access to over one gigawatt of capacity for AI training and inference workloads. The deal reflects the broader industry race among cloud infrastructure providers to expand data center footprints to meet growing computational demands from AI companies.
Skynet Chance (+0.01%): Increased AI infrastructure capacity enables more powerful AI model training and deployment, potentially accelerating the development of more capable systems. However, this is standard commercial infrastructure expansion without novel safety concerns.
Skynet Date (+0 days): Additional compute infrastructure slightly accelerates AI development timelines by reducing resource constraints for AI companies. The scale of capacity addition could enable faster training of larger models.
AGI Progress (+0.01%): Expanding AI computational infrastructure directly supports AGI development by providing the necessary hardware resources for training increasingly large and capable models. More available compute capacity removes a key bottleneck in AI research.
AGI Date (+0 days): The significant expansion of AI-focused data center capacity accelerates AGI timelines by addressing compute resource constraints that currently limit AI development. This infrastructure investment enables faster scaling of AI model training.
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 (-2 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 (+0.05%): 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 (-1 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.