CoreWeave and OpenAI reach $6.5 billion expansion agreement
According to online reports, U.S. AI cloud computing company CoreWeave today announced an expansion agreement with OpenAI that will power training on OpenAI's most advanced next-generation models. The contract value of the deal is up to US$6.5 billion. In March 2025, CoreWeave announced a preliminary agreement with OpenAI with a contract value of up to US$11.9 billion, followed by an expansion agreement worth up to US$4 billion in May. The agreement announced today brings the total contract value with OpenAI to approximately $22.4 billion.
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