💨 Abstract

AI cloud startup CoreWeave, valued at over $35 billion and preparing for an IPO, stated there have been no contract cancellations with its largest client, Microsoft, following a Financial Times report about delivery issues and missed deadlines. Microsoft remains an important partner, according to the report, which also mentioned ongoing contracts. CoreWeave's revenue from Microsoft accounted for 62% in 2024, amounting to $1.2 billion.

Courtesy: theprint.in

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