CoreWeave announced on May 15, 2025, an additional agreement with OpenAI, committing the ChatGPT maker to pay CoreWeave up to $4 billion through April 2029. This new contract expands upon their existing strategic partnership.
This deal is additive to CoreWeave's already substantial revenue backlog, signaling continued strong demand for its specialized AI cloud computing services. The agreement reinforces CoreWeave's position as a critical infrastructure provider for leading AI companies.
The expanded commitment from OpenAI further validates CoreWeave's purpose-built AI infrastructure and its ability to meet the demanding compute needs of advanced AI model development. This provides enhanced revenue visibility for the coming years.
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