OpenAI Secures $11.9 Billion AI Infrastructure Deal with CoreWeave Ahead of IPO

CoreWeave Announces Agreement with OpenAI to Deliver AI Infrastructure

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter CoreWeave to provide dedicated compute capacity for OpenAI's model training and services LIVINGSTON, N.J., March 10, 2025 /PRNewswire/ -- CoreWeave today announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI's compute capacity for training and delivering its latest models at scale to its hundreds of millions of users around the world. The contract value for this strategic deal is up to $11.9 billion. As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350.0 million of CoreWeave stock. "Partnering with OpenAI underscores CoreWeave's proven ability to deliver reliable and performant infrastructure services, powering AI Innovations for world-leading AI labs," said Michael Intrator, Co-Founder and Chief Executive Officer of CoreWeave. "We remain a partner-of-choice to meet the bleeding-edge needs of pioneers to unleash AI's potential to change the world." "Advanced AI systems require reliable compute, and we're excited to continue scaling with CoreWeave so we can train even more powerful models and offer great services to even more users," said Sam Altman, CEO of OpenAI. "CoreWeave is an important addition to OpenAI's infrastructure portfolio, complementing our commercial deals with Microsoft and Oracle, and our joint venture with Softbank on Stargate." CoreWeave powers the world's AI innovations with a cloud platform designed specifically for compute-intensive workloads. Purpose-built from the ground up, the CoreWeave Cloud Platform delivers leading-edge compute at cutting-edge scale and speed optimized for AI, enabling leading AI labs and enterprises to accelerate breakthroughs and shape the future. Trusted by some of the world's leading AI labs and AI enterprises, CoreWeave continues to be the cloud platform provider of choice for those pushing the boundaries of artificial intelligence. About CoreWeave CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024. Learn more at www.coreweave.com. Brittany Stone [email protected] View original content:https://www.prnewswire.com/news-releases/coreweave-announces-agreement-with-openai-to-deliver-ai-infrastructure-302397595.html SOURCE CoreWeave Market News and Data brought to you by Benzinga APIs

OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services

CoreWeave, the provider of data center technology and services for artificial intelligence companies, has signed a five-year deal with OpenAI valued at $11.9 billion, according to two people with knowledge of the matter. As part of the deal, OpenAI will receive a stake in CoreWeave worth about $350 million tied to the company's upcoming IPO, according to the people, who asked not to be named because the information is confidential. In October, CoreWeave announced a $650 million credit line to expand its business and data center portfolio. During the past two years, the company has raised more than $12 billion from equity and debt investors, including a $1.1 billion round in May at a $19 billion valuation. CoreWeave said in its prospectus that it finished 2024 with 32 data centers, which housed over 250,000 Nvidia graphics processing units (GPUs). That surpassed the company's announced goals in October, when CoreWeave said it planned to have 28 data centers open by the end of the year, with 10 more planned for 2025. In addition to supplying AI computing services to Microsoft, CoreWeave's customer base also includes Meta, IBM and Cohere.

CoreWeave signs $11.9 billion contract with OpenAI ahead of IPO By Investing.com

Investing.com -- CoreWeave, an artificial intelligence startup backed by Nvidia (NASDAQ:NVDA), has entered into a five-year contract with OpenAI, worth $11.9 billion, according to a Reuters report on Monday. The agreement, which involves providing cloud computing services, comes as CoreWeave prepares for its highly anticipated stock market debut. As part of the deal, OpenAI is set to acquire a stake in CoreWeave. The artificial intelligence startup plans to issue shares valued at $350 million through a private placement at the time of its initial public offering (IPO), the report added. Reuters also clarified that CoreWeave will not receive any proceeds from the IPO as part of the private placement. The company is anticipated to list its shares in New York in the coming weeks. However, these plans, including the timing and size of CoreWeave's stock market debut, are dependent on market conditions. Furthermore, the terms of the agreement with OpenAI are subject to change.

Exclusive: CoreWeave strikes $12 billion contract with OpenAI ahead of IPO, sources say

NEW YORK, March 10 (Reuters) - CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), opens new tab, has signed a five-year contract worth $11.9 billion with OpenAI to provide cloud computing services ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday. The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million through a private placement at the time of its initial public offering, the sources said, requesting anonymity as the discussions are confidential. CoreWeave will not receive any IPO proceeds as part of the share issue to OpenAI, the sources said. The company is expected to list its shares in New York in the coming weeks, the sources added, cautioning that the timing and size of CoreWeave's stock market launch are subject to market conditions and the terms of the deal with OpenAI could change. CoreWeave declined to comment. OpenAI did not immediately respond to requests for comment. If the talks are successful, the deal would provide a major boost to CoreWeave ahead of its blockbuster share sale, which is expected to headline the U.S. IPO lineup for 2025. The discussions with OpenAI come at a time when investor interest in generative AI is skyrocketing. The AI boom, which has powered chipmakers such as Nvidia and other big tech firms, has turbocharged global demand for infrastructure such as data centers and high-powered servers. Founded in 2017, CoreWeave provides access to data centers and high-powered chips for AI workloads, mainly supplied by Nvidia. It competes against cloud providers such as Microsoft Azure and Amazon's (AMZN.O), opens new tab AWS. CoreWeave, whose customers include tech giants Meta (META.O), opens new tab, IBM (IBM.N), opens new tab and Microsoft (MSFT.O), opens new tab, is expected to aim for a valuation of more than $35 billion in its stock market listing, Reuters reported in November. In its IPO filing earlier in March, CoreWeave reported revenue of $1.92 billion in 2024, compared with $228.9 million a year earlier. Its net loss widened to $863.4 million during the same period from $593.7 million in 2023. Morgan Stanley, JPMorgan Chase, and Goldman Sachs are the lead underwriters for CoreWeave's upcoming stock market flotation. Reporting by Echo Wang in New York; Editing by Anirban Sen and Lisa Shumaker Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial Intelligence Echo Wang Thomson Reuters Echo Wang is a correspondent at Reuters covering U.S. equity capital markets, and the intersection of Chinese business in the U.S, breaking news from U.S. crackdown on TikTok and Grindr, to restrictions Chinese companies face in listing in New York. She was the Reuters' Reporter of the Year in 2020.

ChatGPT Maker OpenAI Inks $12B Deal With CoreWeave Ahead of Planned IPO - Decrypt

OpenAI has signed a five-year contract worth $11.9 billion with CoreWeave on Monday to deliver AI infrastructure used for training the ChatGPT maker's models. The deal includes OpenAI receiving $350 million in CoreWeave stock linked to the cloud computing provider's upcoming IPO. CoreWeave will not receive any proceeds from the share issuance to OpenAI, according to Reuters, which was first to report on the deal. OpenAI CEO Sam Altman sees the need for "reliable compute" to continue training his company's models at scale, noting that the deal would be "complementing" its concurrent commercial deals with Microsoft and Oracle. It would also add to the AI firm's ventures with Japan's Softbank for Project Stargate. The agreement comes at a strategic moment for both companies as competition in AI infrastructure and development heats up. For OpenAI, it represents a diversification of computing resources beyond Microsoft, its primary partner. For CoreWeave, the deal provides a significant boost ahead of its anticipated $35 billion public offering expected to headline the U.S. IPO lineup for 2025 as it seeks a $4 billion raise. CoreWeave stands at the precipice of what's now considered a first for the generative AI era. With $1.4 billion in cash reserves, the company still faces financial pains as it looks to scale. Despite generating $1.92 billion in revenue for fiscal 2024 -- a 737% increase compared to 2023 -- CoreWeave reported an $863.4 million net loss. In any case, the deal with OpenAI comes just days after CoreWeave laid out plans to acquire AI developer platform Weights & Biases through a separate $1.7 billion deal in a bid further to consolidate its position in the AI infrastructure space. CoreWeave, founded in 2017 as a crypto mining operation focusing on Ethereum, pivoted to providing specialized AI infrastructure in 2019. The company has since assembled more than 250,000 of Nvidia's AI GPUs, making it one of the semiconductor firm's largest customers, according to data from its SEC filing submitted last week. Morgan Stanley, JPMorgan Chase, and Goldman Sachs are leading CoreWeave's upcoming Nasdaq debut, where its shares will trade under the symbol CRWV.

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave | TechCrunch

In a grandmaster-level chest move, OpenAI has signed a five-year, $11.9 billion agreement with GPU-heavy cloud service, CoreWeave, Reuters reports citing people close to the deal. The deal involves OpenAI buying $350 million worth of equity in CoreWeave, the sources told Reuters. This stock sale is said to be separate from CoreWeave's planned IPO. CoreWeave filed public paperwork to become a public company last week, but it has not yet priced or scheduled its debut. One reason this agreement is so eye-popping (besides the billions involved) is that CoreWeave's biggest customer, prior to this deal, was Microsoft. Specifically, in 2024 Microsoft accounted for 62% of CoreWeaves revenue, which achieved stunning growth: $1.9 billion, a nearly an eightfold increase from just $228.9 million in 2023. Backed by Nvidia, which holds 6%, CoreWeave runs an AI-specific cloud service with a network of 32 data centers that run more than 250,000 Nvidia GPUs as of the end of 2024, it reported. Since then, CoreWeave has added more GPUs, including Nvidia's latest product, Blackwell, which supports AI reasoning, the company said. Such dependence on one customer is usually worrisome for IPO investors, and could have added "hair," as they say, to CoreWeave's hopes to raise $4 billion or more in its IPO. Landing OpenAI as a direct customer in a multi-billion-dollar deal should help CoreWeave appease investors, however. But what makes this move equally interesting is that it's another step in the deteriorating, frenemies relationship between Microsoft and OpenAI. It's as if OpenAI CEO Sam Altman saw Microsoft's usage of CoreWeave and said, "Hold my beer." Not only will OpenAI have access to the same cloud, but it will also have an ownership stake in the company that runs it. Microsoft is, of course, a big backer of OpenAI in a deal that entitles Microsoft to collect a portion of OpenAI's revenues. But tensions between two companies have been rising for years, as OpenAI's fortunes have soared. OpenAI competes with Microsoft for enterprise customers and is even reportedly working on rolling out pricey AI agents. In January, as part of the massive Stargate AI infrastructure deal with SoftBank, Oracle, and others, Microsoft ceased being OpenAI's sole cloud provider. OpenAI needs more compute resources. Just last week, Altman complained that OpenAI is "out of GPUs." For its part, Microsoft is working on its own AI "reasoning" models comparable to OpenAI's o1 and o3-mini. It's developing a whole family of its own models called MAI that are competitive with OpenAI. It also hired Altman's rival, Mustafa Suleyman to lead Microsoft AI. But CoreWeave is a surprising company to become a chess piece between the two. CoreWeave began its life as a crypto mining operation, founded by former hedge fund guys, it said. The three co-founders have already cashed out of $488 million worth of shares -- over $150 million apiece. CoreWeave also has a stunning $7.9 billion of debt on the books. If the IPO generates the billions of new capital they hope it will, the company says it will use at least some that to pay down the debt. While these founders were once literally attempting to use GPUs to mint money, they are figuratively apparently accomplishing it. CoreWeave and OpenAI did not respond to our request for comment.

Why OpenAI just bet $11.9B on CoreWeave: Microsoft won't be happy

OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave, a GPU-heavy cloud service provider, which includes a $350 million equity stake for OpenAI, as reported by Reuters. The deal is separate from CoreWeave's planned initial public offering (IPO), which the company filed for last week but has yet to price or schedule. CoreWeave's revenue skyrocketed in 2024, reaching $1.9 billion, nearly an eightfold increase from $228.9 million in 2023, with Microsoft accounting for 62% of that revenue. Backed by Nvidia, which holds a 6% ownership, CoreWeave operates an AI-specific cloud service with a network of 32 data centers housing over 250,000 Nvidia GPUs. The company has since increased its GPU count, incorporating Nvidia's latest Blackwell product, which supports AI reasoning. Microsoft was previously CoreWeave's largest customer, and the dependency on a single client raised concerns among IPO investors, potentially hindering CoreWeave's efforts to raise $4 billion or more in its IPO. The emergence of OpenAI as a direct customer through this deal may alleviate some investor apprehension. This development also highlights the evolving relationship between Microsoft and OpenAI. As both companies compete for enterprise customers, tensions have been rising, particularly as OpenAI has expanded its offerings. OpenAI competes with Microsoft's in-house AI developments, including similar models, and recently ceased being solely dependent on Microsoft for cloud services through a deal known as the Stargate AI infrastructure agreement. CoreWeave began as a crypto mining operation and has seen its founders cash out nearly $488 million in shares, each receiving over $150 million. The company currently reports $7.9 billion in debt but plans to use proceeds from its IPO to reduce that debt if it successfully raises the anticipated capital. CoreWeave, set to debut on Nasdaq, reported that revenue for 2024 increased by more than 700% with a customer base that includes Meta, IBM, and Cohere. The company valued itself at $19 billion in a funding round earlier this year and is aiming for a valuation exceeding $35 billion in its upcoming IPO. CoreWeave secured a $650 million credit line in October to further expand its business operations and data center capabilities. With its expansion, the company achieved its target of 32 data centers by the end of 2024. Plans include the addition of 10 more data centers in 2025.

CoreWeave Signs $11.9 Billion Agreement with OpenAI Ahead of IPO

OpenAI will receive $350 million in CoreWeave shares through a private placement. NVIDIA-backed hyperscaler AI startup CoreWeave has signed a five-year agreement valued at $11.9 billion with OpenAI. Under the agreement, CoreWeave will provide AI infrastructure services to OpenAI. The announcement was first reported by Reuters. As part of the arrangement, OpenAI will receive $350 million in CoreWeave shares through a private placement. The share issuance will take place at the time of CoreWeave's planned initial public offering. "CoreWeave is an important addition to OpenAI's infrastructure portfolio, complementing our commercial deals with Microsoft and Oracle, and our joint venture with SoftBank on Stargate," OpenAI CEO Sam Altman reportedly said. The report also suggests that CoreWeave's revenue increased to $1.92 billion in 2024 from $228.9 million in 2023, and loss widened to $863.4 million from $593.7 million. Microsoft accounted for about two-thirds of CoreWeave's 2024 revenue. CoreWeave, founded in 2017, is a cloud infrastructure company equipping companies with GPU computing power. It started as a GPU provider for crypto-miners and then broke into the ranks of hyperscalers in a short period of time. Now it is gearing up for an IPO listing. Morgan Stanley, JPMorgan Chase, and Goldman Sachs are the lead underwriters for this. CoreWeave provides access to data centres and compute resources for AI workloads. Its services are based on hardware supplied by NVIDIA. CoreWeave was also in talks to acquire Weights & Biases, a developer platform for AI. The company expects to close the acquisition in the first half of 2025.

CoreWeave wins $12 billion cloud contract from OpenAI ahead of IPO, sources say

CoreWeave, an artificial intelligence startup backed by Nvidia, has signed a five-year cloud-computing contract worth $11.9 billion with OpenAI ahead of its hotly anticipated stock market launch, people familiar with the matter told Reuters on Monday. The deal will give OpenAI a stake in CoreWeave, which will issue shares worth $350 million to the ChatGPT maker through a private placement at the time of its initial public offering, the sources said, requesting anonymity as the discussions are confidential. Livingston, New Jersey-based CoreWeave, which is one of the hottest AI startups in the U.S., will not receive any proceeds as part of the share issue to OpenAI, the sources said, adding that the details of the new contract and the placement are expected to be revealed in CoreWeave's updated IPO filing. The company is expected to list its shares in New York in the coming weeks, the sources added, cautioning that the timing and size of CoreWeave's stock market launch are subject to market conditions and the terms of the deal with OpenAI could change. CoreWeave declined to comment. OpenAI did not immediately respond to requests for comment. If the talks are successful, the deal would provide a major boost to CoreWeave ahead of its blockbuster share sale, which is expected to headline the U.S. IPO lineup for 2025. The discussions with OpenAI come at a time when investor interest in generative AI is skyrocketing. The AI boom, which has powered chipmakers such as Nvidia and other big tech firms, has driven a surge in global demand for infrastructure such as data centers and high-powered servers. A successful IPO for CoreWeave could pave the way for other AI startups that have recently considered tapping public markets. Data center operator Switch has been weighing an IPO at a valuation of about $40 billion, including debt, Reuters reported last year. Marquee IPO Founded in 2017, CoreWeave provides access to data centers and high-powered chips for AI workloads, mainly supplied by Nvidia. It competes against cloud providers such as Microsoft's Azure and Amazon's AWS. CoreWeave, whose customers include big tech companies including Meta, IBM, and Microsoft, is expected to target a valuation of more than $35 billion in its stock market listing, Reuters reported in November. In its IPO filing earlier in March, CoreWeave reported revenue of $1.92 billion in 2024, compared with $228.9 million a year earlier. Its net loss widened to $863.4 million during the same period from $593.7 million in 2023. Roughly two-thirds of its revenue came from Microsoft, which is the company's biggest customer. CoreWeave has raised more than $14.5 billion in debt and equity across 12 financing rounds, according to data compiled by Reuters. Last year, CoreWeave raised over $7 billion in one of the largest private debt financing rounds in history, led by asset managers Blackstone and Magnetar. Morgan Stanley, JPMorgan Chase, and Goldman Sachs are the lead underwriters for CoreWeave's upcoming stock market flotation. CoreWeave's shares are expected to trade on the Nasdaq under the symbol CRWV.

OpenAI strikes $12bn deal with CoreWeave

OpenAI has forged a near-$12bn contract with CoreWeave and will take a stake in the cloud computing provider, boosting the group ahead of its expected $35bn public listing. The ChatGPT maker has signed a five-year deal in which CoreWeave will supply computing power to train and run OpenAI's artificial intelligence models, said two people with knowledge of the deal. OpenAI is looking to expand beyond a reliance on Microsoft, its biggest partner, for its computing needs. The Financial Times last week reported Microsoft had walked away from a planned deal with CoreWeave because of the cloud computing provider's delivery issues. That decision was a blow to the New Jersey-based company, which this month filed for a New York initial public offering in which it will seek to raise about $4bn. OpenAI's new $11.9bn contract helps fill that void, and could lead to it outspending Microsoft, which accounted for 62 per cent of CoreWeave's revenues last year, according to public disclosures. Microsoft has agreed to spend $10bn on CoreWeave's services by 2030. As part of OpenAI's agreement with CoreWeave, the AI company will also get a $350mn equity stake in the group at the time of the IPO, said one person with knowledge of the plans. CoreWeave, which was founded in 2017 as a cryptocurrency mining operation, pivoted to offering cloud services for technology companies to build and train AI models using Nvidia's high-performing graphics processing units (GPUs). The group has amassed more than 250,000 of Nvidia's AI GPUs, making it among the chipmaker's biggest customers. OpenAI's deal with the company is its latest effort to boost and diversify the computing power it has available. Sam Altman, the company's co-founder and chief executive, has argued infrastructure will be vital in the race to build cutting-edge AI models. Microsoft chief executive Satya Nadella, meanwhile, recently raised concerns about an "overbuild" of computing capacity as Big Tech giants pour hundreds of billions of dollars into data centres. OpenAI has also partnered with SoftBank on a potential $500bn data centre effort dubbed 'Stargate' in recent months, and struck data centre agreements with Oracle. OpenAI and CoreWeave declined to comment. Reuters first reported OpenAI had signed a contract with CoreWeave.

OpenAI Secures Near-$12 Billion CoreWeave Deal, Taking Stake In Cloud Firm Ahead Of $35 Billion IPO To Reportedly Reduce Microsoft Dependence - Meta Platforms (NASDAQ:META), Goldman Sachs Group (NYSE:GS)

OpenAI has signed an $11.9 billion contract with CoreWeave and will acquire a $350 million equity stake in the cloud computing provider, strengthening the company ahead of its expected $35 billion initial public offering. What Happened: The agreement enables OpenAI to reduce its reliance on Microsoft Corp. MSFT for the computing power required to train and operate its AI models, reported Financial Times, citing sources. "Partnering with OpenAI on this net new contract underscores CoreWeave's proven ability to deliver reliable and performant infrastructure services, powering AI Innovations for world-leading AI labs," said Michael Intrator, Co-Founder and Chief Executive Officer of CoreWeave. CoreWeave has emerged as a specialized "AI Hyperscaler," operating over 250,000 of NVIDIA Corp.'s NVDA AI GPUs across 32 data centers. The company's revenue surged 737% to $1.9 billion in 2024, though it reported an $863 million net loss. See Also: Cathie Wood Stands By 'Deflationary Boom' Call As Gene Munster Compares Market Turmoil To Dot-Com Bubble Why It Matters: The deal represents OpenAI's latest effort to secure and diversify its computing infrastructure. CEO Sam Altman has emphasized that infrastructure will be crucial in the competition to build advanced AI models, even as Microsoft's Satya Nadella has voiced concerns about an "overbuild" of computing capacity. CoreWeave, founded in 2017 as a cryptocurrency mining operation, pivoted to offering cloud services for AI model development. The company recently acquired Weights & Biases, a prominent AI development platform used by companies including OpenAI and Meta Platforms Inc. META. The transaction strengthens CoreWeave's position as a comprehensive platform for AI development while helping OpenAI reduce its dependence on Microsoft. CoreWeave plans to list on the Nasdaq under the ticker "CRWV" with Morgan Stanley and Goldman Sachs Group Inc. underwriting the offering. Read Next: Jamie Dimon Cashed Out $234 Million In JPMorgan Stock, Warren Buffett Stockpiled $334 Billion In Cash -- Weeks Later, Markets Crashed. Coincidence? Image Via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. GSThe Goldman Sachs Group Inc$525.00-6.19%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum89.65Growth81.90Quality56.73Value-Price TrendShortMediumLongOverviewMETAMeta Platforms Inc$586.00-6.34%MSFTMicrosoft Corp$377.00-4.15%NVDANVIDIA Corp$104.67-7.12%Market News and Data brought to you by Benzinga APIs

CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure

CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of stock, while CoreWeave will deliver AI infrastructure. The deal comes ahead of the anticipated CoreWeave initial public offering (IPO). According to its offering filing, the company, founded in 2017 in Livingston, New Jersey, reported $1.9 billion in revenue with a net loss of $863 million in 2024. CoreWeave provides cloud-based GPU infrastructure to AI developers. The new deal may provide a boost to CoreWeave, as roughly two-thirds of the company's revenue came from Microsoft, which had planned to spend $10 billion on CoreWeave by 2030. According to a report from the Financial Times, Microsoft has canceled some contracts with the AI company due to missed deadlines, though CoreWeave has denied this. Related: Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue CoreWeave's main competitors are Amazon, Oracle and Google, along with smaller clients DataCrunch, Lambda and Foundry. The cloud artificial intelligence market is expected to grow significantly in the coming years, according to Fortune Business Intelligence. In 2022, the size of the market was estimated to be $46.7 billion. By 2030, it is expected to be $398 billion. The compound annual growth rate during that time period is estimated to be 30.9%. Cloud AI involves a combination of cloud computing and artificial intelligence services that businesses can use to theoretically increase their revenue. Some of the aspects of a business that these services touch on include scalability, predictive analytics and cost savings by not having to build their own AI model. Related: Saudi Arabia partners with tech giants in $14.9B AI expansion There are budding integrations with Cloud AI and blockchain as well. As Cointelegraph reported, one of the challenges with integrating AI and blockchain is scalability and processing power, which cloud computing platforms aim to help solve. These integrations may impact Web3 gaming as well. But, while the fusion of these technologies is promising, there are roadblocks, including the centralization within the cloud computing industry.