Microsoft has agreed to spend potentially billions of dollars over multiple years on cloud computing infrastructure from startup CoreWeave
Microsoft recently formed an alliance with artificial intelligence start-up CoreWeave, signifying Microsoft’s intent to invest billions of dollars in the firm, facilitating the construction of an artificial intelligence computational infrastructure via Microsoft’s Azure cloud services platform.
Founded in 2017, CoreWeave initially focused on Ethereum mining but subsequently transitioned towards promoting artificial intelligence, machine learning, and computer vision applications. Further, they established a large-scale GPU virtualization cloud service, enabling myriad businesses to access GPU-accelerated computing power online.
CoreWeave offers GPU virtualization computing power, incorporating the NVIDIA A100 GPU or smaller-scale A40 GPU. Recently, they announced the use of the NVIDIA H100 GPU to establish virtualized computing power, catering to the need for superior artificial intelligence computational efficiency.
Prior to this, CoreWeave had already secured funding of $200 million from venture capital firm Magnetar Capital, and NVIDIA had previously invested $100 million in CoreWeave.
In this collaboration with Microsoft, apart from the provision of funding and Azure cloud service platform resources by Microsoft, the tech giant also seeks to leverage CoreWeave’s GPU virtualization computing power to enhance artificial intelligence computational performance. This includes cooperative agreements with OpenAI, promoting artificial intelligence computational efficiency for programs like ChatGPT through collaborative cloud computing.