Odaily Star Daily News Microsoft plans to spend nearly $10 billion by 2030 to lease servers from artificial intelligence startup CoreWeave, citing comments from the company to investors. It is reported that this amount may be larger than previously known and accounts for more than half of the $17 billion in contracts signed between CoreWeave and its clients. CoreWeave expects its revenue to rise fourfold to about $8 billion next year. CoreWeave and Microsoft have not commented yet. (TheInformation)
Earlier news, CoreWeave has signed a multi-year contract with BTC mining company Core Scientific, which will provide up to 16MW of data center infrastructure hosting for its infrastructure. Recently, Core Scientific also announced the expansion of its hosting contract with artificial intelligence computing company CoreWeave, extending the protocol to add 120 MW of power to CoreWeave's high-performance computing (HPC) operations, bringing the total power of the six Core Scientific sites to 500 MW.
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Microsoft plans to invest $10 billion in CoreWeave servers by 2030.
Odaily Star Daily News Microsoft plans to spend nearly $10 billion by 2030 to lease servers from artificial intelligence startup CoreWeave, citing comments from the company to investors. It is reported that this amount may be larger than previously known and accounts for more than half of the $17 billion in contracts signed between CoreWeave and its clients. CoreWeave expects its revenue to rise fourfold to about $8 billion next year. CoreWeave and Microsoft have not commented yet. (TheInformation) Earlier news, CoreWeave has signed a multi-year contract with BTC mining company Core Scientific, which will provide up to 16MW of data center infrastructure hosting for its infrastructure. Recently, Core Scientific also announced the expansion of its hosting contract with artificial intelligence computing company CoreWeave, extending the protocol to add 120 MW of power to CoreWeave's high-performance computing (HPC) operations, bringing the total power of the six Core Scientific sites to 500 MW.