Microsoft is seeing so much demand for its cloud infrastructure for artificial intelligence workloads that it's signing up a startup to help provide capacity.
's massive investment in OpenAI has put the company at the center of the artificial intelligence boom. But it's not the only place where the software giant is opening its wallet to meet the surging demand for AI-powered services.
CNBC has learned from people with knowledge of the matter that Microsoft has agreed to spend potentially billions of dollars over multiple years on cloud computing infrastructure from startup CoreWeave, which Wednesday that it raised $200 million. That financing comes just over a month after the company attained a valuation of $2 billion.
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