News from the AI & ML world
DeeperML - #cloudcomputing
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Matt Milano@WebProNews
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OpenAI has inked a significant five-year, $11.9 billion agreement with CoreWeave, a cloud infrastructure provider specializing in AI workloads. This substantial investment aims to secure the necessary GPU compute capacity for OpenAI's increasingly demanding AI models. The deal also includes OpenAI acquiring a $350 million stake in CoreWeave, demonstrating a deeper strategic partnership between the two companies as CoreWeave prepares for its IPO.
This move signifies OpenAI's ongoing quest for ever greater AI compute capabilities and a diversification of its cloud infrastructure strategy beyond Microsoft Azure. CoreWeave, backed by NVIDIA, operates 32 AI data centers housing over 250,000 GPUs and is positioning itself as a key player in the AI infrastructure space. The partnership also strengthens CoreWeave’s market position as it attempts to reduce its reliance on Microsoft, which accounted for 62% of its $1.92 billion revenue in 2024.
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@cloud.google.com
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Google is making significant strides in artificial intelligence, cloud computing, and data protection. They have announced the preview of A4X VMs powered by NVIDIA GB200 NVL72, which substantially enhances training performance for AI models, offering a fourfold increase compared to previous generations. This new system features 72 Blackwell GPUs and 36 Arm-based NVIDIA Grace CPUs, designed to handle the complex compute and memory demands of advanced AI reasoning models.
Google is also expanding data regions coverage to Google Classroom, allowing customers to select specific geographic locations, such as the U.S. or Europe, for their data at rest, to meet organizational or compliance needs. Furthermore, Google has resolved a tax dispute with Italy by paying over 300 million euros, settling a tax audit covering the period from 2015 to 2020. Chrome’s autofill feature is also cited as significantly improving checkout conversion rates for online shoppers and merchants, demonstrating a practical application of Google's technologies.
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@www.geekwire.com
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Microsoft's AI division is experiencing substantial growth, reaching a $13 billion annual revenue run rate, marking a 175% year-over-year increase. This rapid growth is fueled by the increased adoption of the company's AI services. However, this surge in AI revenue comes with increased scrutiny regarding Microsoft's spending on AI infrastructure. This is reflected in a record high capital expenditure of $22.6 billion for the last quarter, a figure that has raised concerns among investors despite overall revenue exceeding Wall Street expectations. Microsoft has also indicated a slight decrease in the anticipated growth of Azure for the next quarter.
Microsoft has also revealed that its professional networking platform, LinkedIn, has surpassed $2 billion in Premium subscription revenue in the past year. Overall LinkedIn revenue also rose 9% year-over-year. The increase in subscription revenue underscores the platform's efforts to add more features to its paid tiers, driving user engagement. However, while this is a significant milestone, the company has also acknowledged that future revenue growth is likely to be in the “low- to mid- single digits” due to pressures in the Talent Solutions division. Despite the strength of the AI sector, the company’s gaming division is not performing as well with Xbox hardware sales down significantly.
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