Nvidia GPU and AI startup CoreWeave sets IPO at $51 per share, 47 million shares for market value of $2.7 billion with OpenAI ...

The o1-pro API costs $150 for 1 million input tokens and $600 for 1 million output tokens, much more than GPT-4.5.

Large language models are now commodities, making OpenAI's business model vulnerable to the economics of open-source AI such ...

Although specifics of the investment were not shared, it is believed it is worth $10 billion. Before Microsoft's investment, other venture capitalists wanted to buy shares from OpenAI employees in ...

CoreWeave, an artificial intelligence startup backed by Nvidia , has signed a five-year contract worth $11.9 billion with ...

OpenAI has launched a more powerful version of its o1 "reasoning" AI model, o1-pro, in its developer API. It's incredibly ...

As part of the deal, OpenAI will receive a stake in CoreWeave worth about $350 million tied to the company's upcoming initial public offering, according to the people, who asked not to be named ...

OpenAI's AI tools have boosted the market caps of partners like Microsoft and Nvidia. As a capped-profit entity, OpenAI focuses on AI development benefiting humanity. Direct OpenAI investment is ...

In a press release, CoreWeave co-founder and CEO Michael Intrator said that partnering with OpenAI on this net new contract underscores the company’s proven ability to deliver reliable and ...

Nvidia-backed artificial intelligence startup CoreWeave has inked a five-year, $11.9 billion deal with OpenAI ahead of its ...

OpenAI has launched its latest and most powerful AI version, o1-pro, designed to enhance reasoning capabilities for complex tasks. Available through the develop ...

Microsoft represented 62 percent of those sales, or $1.19 billion. The OpenAI deal is worth ten times that amount (almost precisely) over a five year period, which means the run rate that OpenAI is ...