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CoreWeave will reportedly provide some of the computing capacity to OpenAI under the recent deal between the AI company and Google. As reported by Reuters and citing sources "familiar with the matter," CoreWeave will sell its computing capacity to Google's cloud unit, which will then sell the capacity on to OpenAI.

Under the new deal, Google Cloud will provide additional computing capacity to help OpenAI train and run its AI models. For OpenAI, the partnership addresses growing demands for computing power as the company's annual revenue reached $10 billion as of June, according to sources familiar with the matter who spoke to Reuters.