02:53 PM EDT, 03/10/2025 (MT Newswires) -- Nvidia ( NVDA )-backed (NVDA) CoreWeave signed a five-year, $11.9 billion contact with Microsoft ( MSFT )-backed (MSFT) OpenAI to provide cloud computing services ahead of its initial public offering, Reuters reported Monday, citing people familiar with the matter.

CoreWeave and OpenAI did not immediately reply to requests for comment from MT Newswires.

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