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AI News from ET - Nvidia-backed CoreWeave rides AI wave in first results as public company

Vishwadeep Khatri
in AI News & Two Lenses

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CoreWeave offers access to data centers and Nvidia chips, which are highly coveted in the competitive AI development landscape. The company said revenue backlog was $25.9 billion, as of March 31. Its strategic five-year deal with OpenAI added $11.2 billion in revenue backlog.

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