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OpenAI has inked an $11.9 billion agreement with AI cloud provider CoreWeave, securing critical GPU infrastructure while acquiring a $350 million equity stake. The five-year deal comes as CoreWeave prepares for a highly anticipated IPO at a projected $35 billion valuation. This move diversifies OpenAI’s compute power beyond Microsoft, complementing its Stargate initiative with Oracle and SoftBank to meet surging AI demands.
AI cloud provider Ori has chosen Kao Data’s Harlow facility to deploy its UK-based Nvidia H200 GPUs, enhancing AI training and inference capabilities. The location offers high-density infrastructure, renewable energy, and proximity to London’s AI ecosystem. Ori CEO Mahdi Yahya emphasized the need for scalability and performance, while Kao Data highlighted the UK’s role in AI growth. Ori now operates from 20 global locations.
OVHcloud US has launched a Local Zone in Seattle, enhancing low-latency, secure cloud services for businesses on the West Coast. This expansion strengthens its nationwide infrastructure, optimizing performance for industries like tech, finance, and e-commerce. By bringing cloud resources closer to users, OVHcloud improves response times, ensures compliance, and supports scalable workloads—reinforcing its commitment to cost-effective, high-performance cloud solutions in key metropolitan hubs.
Sparked Host has launched FiveM server hosting, offering affordable, high-performance gaming solutions in Buffalo, Dallas, and Miami. Plans start at $3.50/month, featuring enterprise-grade hardware, instant setup, and advanced DDoS protection. Gamers can try it for free and enjoy seamless, secure gameplay with up to 128 players. This expansion strengthens Sparked Host’s position in game and cloud hosting, catering to a growing demand for reliable multiplayer servers.
British Columbia’s Prophet River First Nation is partnering with VC firm ABCT Pacific to develop a data center near Fort St. John. Positioned near the Site C dam, the facility will leverage clean hydro power and the region’s cool climate. Feasibility studies are underway, with the First Nation set to hold majority ownership. The project aims to fuel economic development while strengthening Indigenous participation in the digital economy.
Global cloud provider Leaseweb is undergoing a major leadership shift as co-founders Con Zwinkels and Pieter Dijkhuis step back from daily operations to focus on strategic oversight. Svenja de Vos and Lex Boost take over as co-CEOs, aiming to drive innovation and expansion. With new executive appointments, Leaseweb is strengthening its position in the competitive cloud services market while maintaining its customer-first approach.
