According to TheInformation, Microsoft plans to spend nearly $10 billion by 2030 to rent servers from artificial intelligence startup CoreWeave. The report cited the company's comments to investors, stating that this amount may be larger than previously known, accounting for more than half of CoreWeave's total $17 billion contract with customers. CoreWeave expects its revenue to grow fourfold next year to about $8 billion. CoreWeave and Microsoft have not yet commented on this matter. Previously, it was reported that CoreWeave has signed a multi-year contract with Bitcoin mining company CoreScientific, which will provide up to 16MW of data center infrastructure to host CoreWeave's infrastructure. Recently, CoreScientific also announced the expansion of its hosting contract with artificial intelligence computing company CoreWeave. The extended agreement will add 120MW of electricity to CoreWeave's high-performance computing (HPC) operations, bringing the total power of the six CoreScientific sites to 500MW.

That's a huge investment from Microsoft! Exciting times for AI and cloud infrastructure growth. Can't wait to see how this partnership with CoreWeave pans out. Curious to see the ripple effects in the tech industry!