AI Fund Flows

CoreWeave ↔ OpenAI: every deal

All 3 deals between CoreWeave and OpenAI: $22.4B in total since Mar 10, 2025, with dates, status and sources. Updated Nov 9, 2026.

OpenAI → CoreWeave
$22.4B
Sep 25, 2025Cloud & servicesclosed$6.5B
OpenAI → CoreWeave · up to; total contracts ~$22.4 billion

Third expansion of up to $6.5 billion for training next-generation models; total contract value rises to about $22.4 billion.

May 14, 2025Cloud & servicesclosed$4B
OpenAI → CoreWeave · expansion, approximate date (May 2025)

Second expansion of the CoreWeave contract, up to $4 billion (May 2025).

Mar 10, 2025Cloud & servicesclosed$11.9B
OpenAI → CoreWeave · over 5 years

Five-year, $11.9 billion contract for CoreWeave GPU capacity, signed shortly before CoreWeave's IPO.