Microsoft could invest billions in CoreWeave

 

According to CNBC, Microsoft is prepared to potentially invest billions of dollars in cloud computing infrastructure provided by CoreWeave, a startup specializing in simplified access to Nvidia's high-performance GPUs.  To bolster its computing capabilities, Microsoft could make a substantial investment in CoreWeave over multiple years, sources told CNBC. Nvidia-backed CoreWeave specializes in cloud computing services based on GPUs, which are used for AI training. According to CNBC, Microsoft's deal with CoreWeave, signed earlier this year, aims to ensure that OpenAI's ChatGPT has enough computing power. OpenAI relies on Microsoft's Azure cloud infrastructure to meet its computational requirements. Both Microsoft and CoreWeave chose not to comment. CoreWeave recently secured $200M in funding from hedge fund Magnetar Capital, following its valuation of $2B just over a month ago, according to CNBC sources. The funding was an extension of a $221M round announced in April.