CoreWeave inks multibillion AI chip deal

CoreWeave, a cloud provider specializing in AI infrastructure, has secured a significant multibillion-dollar contract with AI company Anthropic. While specific financial details remain undisclosed, this agreement underscores the escalating demand for specialized computing power to train and deploy advanced AI models. The deal follows CoreWeave's recent announcement of a substantial $21 billion partnership with Meta Platforms, further solidifying its position as a key player in the rapidly expanding AI hardware ecosystem and highlighting the intense competition for GPU resources.