AI Arms Race Between AWS, Microsoft And Google In total, CoreWeave generated a whopping $421 million during its Series B funding round in 2023, including $100 million from Nvidia. However, just this week, CoreWeave unveiled it raised $200 million in funding, which was an extension of CoreWeave’s series B funding round earlier this year that raised $221 million. ![]() Microsoft and CoreWeave both declined to comment on the matter. ![]() Microsoft, which backs ChatGPT owner OpenAI, has reportedly agreed to spend potentially billions of dollars over several years on cloud computing infrastructure from CoreWeave, according to a report by CNBC, citing anonymous sources familiar with the deal. … They understand the scale, the ecosystem partnerships, the innovation needed for AI solutions both near-and-long term.” “It looks like this will also help power OpenAI and GPT. “You could say Microsoft called ‘first dibs’ on CoreWeave’s tech and partnership,” he said. “What this CoreWeave deal would do for Microsoft, is adds AI pressure to its biggest competitors and makes them sort of have to look somewhere else.” “Amazon, Google, Microsoft all need more, and stronger, infrastructure to power all these new AI use cases and large-scale workloads that we’re seeing from our customers,” said the executive from a U.S.-based multibillion-dollar solution provider, who declined to be named. One top executive from a solution provider who partners with Microsoft, Google and AWS on a global basis said there is an “open AI arms race” between the largest cloud companies on the planet who are all striving to become the leader of “modern AI” and “generative AI.” ![]() Microsoft is looking to take ChatGPT and generative AI technology to the next level by signing a deal with cloud infrastructure and AI startup CoreWeave to support its growing AI portfolio.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |