CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Mar 11 2025

FET-1.346%

AI-0.427%

CLOUD0%

Should l Buy FET?

CoreWeave and OpenAI Partnership: CoreWeave has secured a five-year deal with OpenAI worth up to $11.9 billion, which includes a $350 million investment from OpenAI and aims to enhance AI infrastructure ahead of CoreWeave's IPO.
Growth in Cloud AI Market: The cloud artificial intelligence market is projected to grow from $46.7 billion in 2022 to $398 billion by 2030, driven by advancements in scalability, predictive analytics, and potential integrations with blockchain technology, despite challenges like centralization in the cloud computing industry.

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Technical Analysis for FET

Technical Sentiment Analysis for Artificial Superintelligence Alliance (FET) As of , Artificial Superintelligence Alliance (FET) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FET stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, FET is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Artificial Superintelligence Alliance (FET) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0608	0.0974	0.135	0.171	0.209	0.245	0.282
Fibonacci	0.0974	0.126	0.143	0.171	0.2	0.217	0.245

About FET

Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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