In a move that shocked absolutely no one, OpenAI and Microsoft have decided to take their complicated relationship to the next level by involving a third party, CoreWeave. Because, why not? This week, OpenAI signed a deal with CoreWeave that's worth more than your entire neighborhood, clocking in at a cool $11.9 billion. That's right, billion with a 'B'. For those of you scoring at home, that's approximately 11.9 billion reasons CoreWeave might just be the happiest cloud provider on the planet right now.

But wait, there's more! Not only did OpenAI secure its very own AI computing pipeline, but it also snagged a $350 million equity stake in CoreWeave. Because when you're playing in the big leagues, you don't just buy the service, you buy the company. Or at least a piece of it. This deal is like the tech equivalent of buying a car and then purchasing the dealership just to make sure they keep your favorite color in stock.

Now, let's talk about Microsoft. Because what's a tech drama without Microsoft? With CoreWeave's IPO on the horizon and its deep ties to Microsoft, this deal is less of a partnership and more of a soap opera episode. It's the kind of relationship where everyone's wondering if they're friends, frenemies, or just two tech giants trying to outmaneuver each other in the AI cloud wars. Spoiler alert: It's all of the above.

And for those of you who missed the Equity podcast this week, let's just say it was the tech world's version of a reality TV show recap. The hosts dissected the deal with the kind of enthusiasm usually reserved for the finale of Love is Blind. They talked about what this means for the future of AI, cloud computing, and, of course, the ever-evolving dynamic between OpenAI and Microsoft. Because in the world of tech, the only thing more powerful than AI is the drama between the companies trying to control it.

So, what have we learned today? That in the tech industry, deals are made, alliances are formed, and the line between friend and frenemy is as blurry as a poorly optimized JPEG. And as for OpenAI and Microsoft? Well, they're just out here writing their love story in cloud code, one multi-billion dollar deal at a time.

Sxsw 2025

OpenAI and Microsoft: A Love Story Written in Cloud Code

The future is glitched.