CoreWeave reportedly a key player in Google-OpenAI partnership

Investing.com -- CoreWeave is set to provide computing capacity to Google (NASDAQ: GOOGL) Cloud as part of Google’s newly formed partnership with OpenAI, according to a Reuters report on Wednesday.

The arrangement involves CoreWeave supplying cloud computing services built on Nvidia (NASDAQ: NVDA)’s graphics processing units to Google’s cloud unit. Google will then sell this computing capacity to OpenAI to help meet the growing demand for services such as ChatGPT. In addition to CoreWeave’s resources, Google will also provide some of its own computing resources to OpenAI.

The deal demonstrates how the high demand for AI computing resources is creating new business alliances, even among the industry’s fiercest rivals.

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