- Microsoft withdrew from a $ 12 billion agreement with Coreweave, citing delays
- Operai took over the contract, backed by Microsoft’s own investment funds
- The AI sector remains a closed circuit driven by some dominant players
Coreweave is looking at a huge opi (potentially $ 2.5 billion) in the coming weeks, but has also had some little flattering news to deal recently.
Jeffrey Emanuel, whose viral essay described Nvidia as too expensive and led him to lose $ 600 billion in a single day, described Coreweave as a Türkiye and called him “Wework of AI”.
More recently, Microsoft chose to move away from an option of almost $ 12 billion to buy more capacity data of the Hipperscaler data from AI.
OpenAi to the rescue
He Financial Times (FT) Fasted sources informed with the matter that say that Microsoft had retired from some of their agreements “about the delivery problems and the lost deadlines” that shook the confidence of the technological giant in Coreweave.
He FOOT He added that despite this, Microsoft still had “a series of ongoing contracts with Coreweave and remained an important partner.”
Microsoft is the biggest client in Coreweave, and the hyperscaler of the refuted the FOOTThe story, saying: “All our contractual relationships continue as planned: nothing has been canceled and no one has moved away from their commitments.”
Shortly after that news was learned, it was reported that Openai would take the option of almost $ 12 billion of Microsoft, instead, helping Coreweave to avoid a potentially shameful setback so close to its IPO closely.
Rohan Goswami in Semafor made a couple of interesting observations on the news, pointing out: “This is not a sign that Microsoft is withdrawing the AI:” We are good for our $ 80 billion, “said Satya Nadella on CNBC, but an indication that the company is being more tactical about when and where the step passes. At the same time, the largest of OpenI is an indication of Core, It is more open, which makes Microsoft Corewei exactly the choreweai, which makes Coreweai Koreai, which opens to Corewei, it is more tactical that is the choreweai, which is open, which makes Microsoft be Koreai exactly the coreweai, which is the Corewai, which makes Koreai, what makes Koreai, what makes Koreai, what makes Coreai, what is the Korean It makes Coreweai, it is more tactical, which makes Coreweai Corei.
He described this as the rub, saying: “The economy of AI is currently a closed circuit and will remain thus until a wider strip of economic actors such as large and medium -sized companies begin to spend real dollars on software and services of AI. Until then, almost all money comes from a few companies, mainly Nvidia and Microsoft, which they themselves depend on the good shareholders of their public shareholders Waging. “
