{"id":103816,"date":"2023-06-03T14:39:13","date_gmt":"2023-06-03T14:39:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/index.php\/2023\/06\/03\/former-ethereum-miner-coreweave-inks-an-ai-deal-with-microsoft-crypto-news\/"},"modified":"2023-06-03T14:39:15","modified_gmt":"2023-06-03T14:39:15","slug":"former-ethereum-miner-coreweave-inks-an-ai-deal-with-microsoft-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/former-ethereum-miner-coreweave-inks-an-ai-deal-with-microsoft-crypto-news\/","title":{"rendered":"Former Ethereum Miner CoreWeave Inks an AI Deal With Microsoft\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The cryptocurrency industry continues to comele with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner \u2013 CoreWeave.<\/p>\n<ul>\n<li><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/06\/01\/microsoft-inks-deal-with-coreweave-to-meet-openai-cloud-demand.html\" data-wpel-link=\"external\">Accordingly<\/a> To recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner \u2013 CoreWeave.<\/li>\n<li>It&#8217;s worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers.<\/li>\n<li>It recently attained a valuation of $2 billion.<\/li>\n<li>The financials of the deal with Microsoft haven&#8217;t been disclosed, but according to sources familiar with the matter and cited by CNBC, the tech behemoth has agreed to spend &#8220;potentially billions of dollars over multiple years.&#8221;<\/li>\n<li>At the beginning of 2023, Microsoft also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-23\/microsoft-makes-multibillion-dollar-investment-in-openai\" data-wpel-link=\"external\">invested<\/a> a whopping $10 billion in OpenAI \u2013 the firm behind the popular AI-based chatbot ChatGPT.<\/li>\n<li>Sam Altman \u2013 the CEO of OpenAI \u2013 in turn, is now spearheading a cryptocurrency project called Worldcoin.  He was successful in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/115m-for-worldcoin-secured-chatgpt-openai-ceo-closes-successful-fundraiser\/\" data-wpel-link=\"internal\">securing<\/a> funding of $115 million to build the project, which involves high-precision retina scans and is backed by crypto&#8217;s most prominent VCs.<\/li>\n<\/ul>\n<p><em>Featured image courtesy of CNET<\/em><\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><\/center><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> ,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>,<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &#038; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry continues to comele with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner \u2013 CoreWeave. Accordingly To recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner \u2013 CoreWeave. It&#8217;s worth noting that CoreWeave has spun up [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":103817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-103816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/103816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=103816"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/103816\/revisions"}],"predecessor-version":[{"id":103818,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/103816\/revisions\/103818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/103817"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=103816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=103816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=103816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}