04:04 PM EDT, 11/01/2024 (MT Newswires) -- Microsoft ( MSFT ) intends to spend $10 billion to use CoreWeave's data centers to run artificial intelligence models from 2023 to the end of the decade, The Information reported Friday.

CoreWeave has contracts of $17 billion and Microsoft ( MSFT ) is its biggest client, the report said.

Microsoft ( MSFT ) and CoreWeave didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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