CoreWeave among AI cloud suppliers as Microsoft plans roster cuts
CNBC says Microsoft plans to use fewer neoclouds, though it has not decided which. CoreWeave, co-founded by CEO Michael Intrator, is among the suppliers it named.
By RuntimeWire Staff · Published
Primary source: CNBC
Why it matters
The review covers suppliers holding large Microsoft capacity commitments, including Nebius's agreement worth about $17.4 billion and potentially $19.4 billion. Until Microsoft decides, the named suppliers face an open question over a major customer while investors price delivery and financing risk.
For Michael Intrator, co-founder and chief executive of CoreWeave, CNBC reported on November 6th that Microsoft is reviewing its neocloud relationships, with no decision yet on which providers it may stop using. CNBC attributed the report to two people familiar with the matter.…
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.