According to Foresight News, according to Reuters, AI supercomputer company CoreWeave responded to a report by the Financial Times that "Microsoft, CoreWeave's largest client, will reduce its investment and commitment in CoreWeave," stating, "We are proud of our partnership with our clients and have not cancelled or reneged on any contracts. Any statements to the contrary are false and misleading." The Financial Times previously cited sources as saying that Microsoft withdrew from some agreements with CoreWeave due to delivery issues and missed deadlines. CoreWeave has recently submitted an application for an initial public offering (IPO). The company is expected to raise $4 billion with a valuation of over $35 billion.