GPT Weekly: CoreWeave Secures $6.3 Billion Nvidia Order
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CoreWeave secures $6.3 billion Nvidia order
U.S. AI cloud service provider CoreWeave said on Sept. 15 local time that Nvidia Corp. has agreed to purchase $6.3 billion of its unsold capacity under an initial order that runs through April 13, 2032. The deal builds on a pact signed in April 2023. CoreWeave’s stock closed up 7.6% after the announcement.
U.S. AI chip startup Groq raises $750 million
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- CoreWeave announced Nvidia will purchase $6.3 billion of its unsold capacity through April 2032, boosting CoreWeave's stock by 7.6%.
- AI chip startup Groq raised $750 million, reaching a $6.9 billion valuation, with investors including BlackRock and Deutsche Telekom Capital Partners.
- Huawei Cloud launched its AI token inference service; Amazon Web Services added Qwen3 and DeepSeek-V3.1 models to its managed lineup globally.
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Who’s Who
- CoreWeave
- CoreWeave is a U.S. AI cloud service provider. They recently secured a significant deal with Nvidia, agreeing to purchase $6.3 billion of Nvidia's unsold capacity. This agreement, which extends until April 2032, builds upon a previous pact made in April 2023. Following this announcement, CoreWeave's stock saw a 7.6% increase.
- Nvidia Corp.
- Nvidia has entered into an agreement with CoreWeave, an AI cloud service provider, for the purchase of $6.3 billion of CoreWeave's unsold capacity. This deal extends until April 13, 2032, and builds upon a previous agreement from April 2023. Following this announcement, CoreWeave's stock saw a 7.6% increase.
- Groq
- Groq is a U.S.-based AI inference chip startup. They recently raised $750 million in a funding round, resulting in a post-money valuation of $6.9 billion. BlackRock, Neuberger Berman, and Deutsche Telekom Capital Partners were among the investors.
- BlackRock
- BlackRock is mentioned as an investor in Groq, a U.S.-based AI inference chip startup. They participated in a funding round that raised $750 million for Groq, contributing to its post-money valuation of $6.9 billion.
- Neuberger Berman
- Neuberger Berman is mentioned as one of the investors in the U.S.-based AI inference chip startup Groq. Groq recently raised $750 million in a funding round, achieving a post-money valuation of $6.9 billion.
- Deutsche Telekom Capital Partners
- Deutsche Telekom Capital Partners is an investor in the U.S.-based AI inference chip startup Groq. They participated in a funding round that raised $750 million for Groq, giving the company a post-money valuation of $6.9 billion.
- Huawei Cloud
- Huawei Cloud fully launched its AI token inference service on September 19, based on the Huawei CloudMatrix 384 super node. This service simplifies underlying technology, offering users direct AI computing results. The number of global customers using Huawei's AI cloud services has significantly increased from 321 last year to 1,805 this year.
- Amazon Web Services
- Amazon Web Services (AWS) has expanded its Amazon Bedrock platform by adding the Qwen3 and DeepSeek-V3.1 open-weight models. These fully managed models are now globally available, providing users with more options for their AI development needs.
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What Happened When
- April 2023：
- CoreWeave and Nvidia signed an initial pact.
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