OpenAI signs $11.9 billion deal with CoreWeave

OpenAI has signed a five-year, $11.9 billion deal with CoreWeave, gaining access to over 250,000 Nvidia GPUs. This agreement marks a shift from OpenAI's previous reliance on Microsoft for cloud services. CoreWeave, which previously relied heavily on Microsoft for revenue, is preparing for an IPO. OpenAI's entry as a major customer may ease concerns about CoreWeave's customer concentration. The deal highlights growing tensions between OpenAI and Microsoft, as both companies compete in the AI market. OpenAI has previously sought to diversify its infrastructure, ending Microsoft's exclusivity as its cloud provider.