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CoreWeave secures OpenAI deal worth up to $6.5B

Photo: Brendan McDermid/Reuters

CoreWeave secures OpenAI deal worth up to $6.5B

CoreWeave’s strategic alliances position it at the heart of the AI infrastructure race amid unprecedented investment and infrastructure demands.

CoreWeave, a cloud computing provider specializing in AI infrastructure, secured a deal with OpenAI worth up to $6.5 billion today.

The agreement adds to CoreWeave’s expanding partnerships with major AI companies as demand for specialized computing infrastructure surges. The company was recently valued at $75 billion and maintains a $6.3 billion capacity guarantee deal with Nvidia through 2032.

OpenAI is pursuing ambitious infrastructure expansion, reportedly planning to spend around $100 billion on GPU rentals as part of a broader $450 billion investment over the next five years. The AI research company has outlined goals to produce a gigawatt of new AI capacity weekly.

The arrangement supports OpenAI’s massive GPU and data center requirements as it scales its operations.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

CoreWeave secures OpenAI deal worth up to $6.5B

CoreWeave secures OpenAI deal worth up to $6.5B

CoreWeave’s strategic alliances position it at the heart of the AI infrastructure race amid unprecedented investment and infrastructure demands.

Photo: Brendan McDermid/Reuters

CoreWeave, a cloud computing provider specializing in AI infrastructure, secured a deal with OpenAI worth up to $6.5 billion today.

The agreement adds to CoreWeave’s expanding partnerships with major AI companies as demand for specialized computing infrastructure surges. The company was recently valued at $75 billion and maintains a $6.3 billion capacity guarantee deal with Nvidia through 2032.

OpenAI is pursuing ambitious infrastructure expansion, reportedly planning to spend around $100 billion on GPU rentals as part of a broader $450 billion investment over the next five years. The AI research company has outlined goals to produce a gigawatt of new AI capacity weekly.

The arrangement supports OpenAI’s massive GPU and data center requirements as it scales its operations.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.