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Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC By Cointelegraph

by Cointelegraph
June 5, 2023
in Cryptocurrency
Reading Time: 1 min read
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© Reuters

Microsoft (NASDAQ:) has reportedly signed a deal with former miner CoreWeave to use its cloud computing infrastructure to support its artificial intelligence (AI)-powered services.

According to a June 1 report from CNBC, which cites “people with knowledge of the matter,” Microsoft is potentially set to spend billions of dollars on the deal with CoreWeave over multiple years.