Includes major US listed cloud computing service providers. These companies provide IAAS, SAAS, and PAAS services, infrastructure, and solutions for companies and individuals, enabling them to quickly deploy and manage their own operations, applications, and systems. Cloud computing is a significant investment opportunity for its potential cost savings. By moving IT infrastructure to the cloud, companies can reduce capital expenditures on hardware and software and only pay for the services they use, freeing up resources to invest in other areas such as research and development or marketing. Increasing demand for storage and processing power is driving the growth of cloud computing. As more businesses move to digital platforms and adopt technologies like AI, the amount of data being generated is growing exponentially. Cloud computing offers a scalable solution to handle this data.
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12 billion dollars! OpenAI has invested in Coreweave and signed a five-year Server contract.
OpenAI has reached a partnership agreement valued at nearly 12 billion dollars with the Cloud Computing Service provider CoreWeave, and plans to take an equity stake in the company. CoreWeave will provide computing power for OpenAI. OpenAI will also acquire equity in CoreWeave worth 0.35 billion dollars at the time of its IPO.
OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence
Liang Wenfeng says 'no money'!
According to reports, Liang Wenfeng declined cooperation opportunities from technology giants such as Tencent and Alibaba, stating that there is no rush for financing at the moment, due to concerns that external investors may interfere with company decision-making, demonstrating a cautious stance towards commercialization.