Microsoft spends nearly $10 billion to lease CoreWeave AI servers
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Microsoft plans to spend nearly $10 billion to lease AI servers from CoreWeave between 2023 and 2030, which accounts for more than half of the $17 billion contract total signed between CoreWeave and its clients. CoreWeave is preparing for its initial public offering in 2025 and has raised $12.7 billion in funding over the past 12 months. The company plans to expand the number of its data centers by the end of the year
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