CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Mar 11 2025CoreWeave and OpenAI Partnership: CoreWeave has secured a five-year deal with OpenAI worth up to $11.9 billion, which includes a $350 million investment from OpenAI and aims to enhance AI infrastructure ahead of CoreWeave's IPO.
Growth in Cloud AI Market: The cloud artificial intelligence market is projected to grow from $46.7 billion in 2022 to $398 billion by 2030, driven by advancements in scalability, predictive analytics, and potential integrations with blockchain technology, despite challenges like centralization in the cloud computing industry.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
