🚀 Microsoft to Invest $10 Billion in AI Startup CoreWeave by 2030

📈 According to Odaily, Microsoft is planning a major investment of nearly $10 billion to lease servers from the AI startup CoreWeave by 2030. This sum is reportedly larger than previously disclosed and makes up more than half of CoreWeave’s $17 billion in total client contracts. CoreWeave projects its revenue to skyrocket next year, potentially reaching $8 billion! 📊

🔋 Previously, CoreWeave entered a multi-year deal with Bitcoin mining firm Core Scientific. This partnership included up to 16 MW of data center infrastructure for CoreWeave’s needs. Recently, Core Scientific expanded this hosting contract, adding 120 MW of power for CoreWeave’s high-performance computing operations. This will bring the total power capacity to a substantial 500 MW across six sites.

Neither Microsoft nor CoreWeave have officially commented on these developments.

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