In 2025, CoreWeave stands out as a leading player in GPU-as-a-Service, recently securing an $11.9 billion contract with OpenAI while losing Microsoft's support due to dissatisfaction. CoreWeave also faces challenges, as it reported a substantial rise in sales from $228.9 million to $1.92 billion but still incurred significant losses. The future looks promising with an upcoming IPO and partnerships that could elevate its market cap to $35 billion, despite current operational hurdles limiting its full potential under contracts with major clients like OpenAI and Microsoft.
"OpenAI signed a notable contract with CoreWeave worth $11.9 billion amidst Microsoft's dissatisfaction, which culminated in the termination of some agreements due to delivery issues."
"CoreWeave, despite a significant rise in annual sales from $228.9 million to $1.92 billion, continues to face losses, highlighting challenges alongside its exponential growth."
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