CoreWeave Says Nvidia Cloud Contract Valued at $6.3 Billion
Nvidia Corp. has agreed to a $6.3 billion cloud services contract with CoreWeave Inc., a shareholder of the tech giant. This deal is part of Nvidia's efforts to accelerate the adoption of artificial intelligence (AI) across various industries. CoreWeave, a cloud computing company, will provide the necessary infrastructure and services to support Nvidia's AI initiatives. The $6.3 billion valuation of the contract underscores the growing demand for AI-powered solutions and Nvidia's strategic focus on this rapidly evolving market. This partnership aims to make AI more accessible and efficient, enabling businesses to leverage the transformative potential of this technology in their operations and decision-making processes.
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