OpenAI → CoreWeave: $11.9B cloud & services
OpenAI signs $11.9 billion deal with CoreWeave. Five-year, $11.9 billion contract for CoreWeave GPU capacity, signed shortly before CoreWeave's IPO.
This deal is 2% of everything OpenAI pays and 12% of everything CoreWeave receives in this database.
- Date
- Mar 10, 2025
- Paid by
OpenAI- Received by
CoreWeave- Type
- Cloud & services
- Amount
- $11.9B
- Status
- closed
- Note
- over 5 years
Sources
All deals between OpenAI and CoreWeave
- Mar 10, 2025 OpenAI → CoreWeave · OpenAI signs $11.9 billion deal with CoreWeave $11.9B
- May 14, 2025 OpenAI → CoreWeave · OpenAI expands CoreWeave deal by $4 billion $4B
- Sep 25, 2025 OpenAI → CoreWeave · OpenAI expands CoreWeave by $6.5 billion ($22.4 billion total) $6.5B
More OpenAI / CoreWeave deals
- Oct 28, 2026 OpenAI wants to buy Google TPUs n/a
- Aug 17, 2026 OpenAI leases 8 GW Ohio campus for 20 years n/a
- Aug 10, 2026 CoreWeave: another $2.6 billion loan $2.6B
- Jul 22, 2026 Project Camellia: $20 billion campus in Georgia n/a
- Jun 5, 2026 OpenAI proposes 5% stake to US government n/a
- May 11, 2026 TPG leads $4 billion into OpenAI's DeployCo $4B
- Apr 27, 2026 Microsoft-OpenAI: amended deal ends exclusivity n/a
- Apr 15, 2026 Jane Street buys $6 billion of CoreWeave cloud $6B
- Apr 15, 2026 Jane Street buys $1 billion of CoreWeave shares $1B
- Apr 10, 2026 Anthropic rents compute from CoreWeave n/a
- Apr 9, 2026 Meta adds $21 billion with CoreWeave $21B
- Apr 9, 2026 CoreWeave issues high-yield bonds and convertibles $6.2B