CoreWeave, a cloud computing company backed by Nvidia, has entered into a $1.17 billion commercial agreement with AI infrastructure firm Vast Data. Under the terms of the deal, CoreWeave will integrate Vast's data platform as the core of its cloud infrastructure to support clients in training and running AI models on GPUs. Vast Data noted that such contracts typically span three to five years, providing the New York-based company with a new long-term revenue stream and enhancing its product integration with CoreWeave.
CoreWeave and Vast Data Sign $1.17 Billion AI Infrastructure Deal
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