CoreWeave Expands OpenAI Deals to as Much as $22.4 Billion
CoreWeave signage during the company's IPO at the Nasdaq MarketSite in New York on March 28.
Photographer: Michael Nagle/BloombergCoreWeave Inc. expanded its agreements to supply data center capacity to OpenAI by as much as $6.5 billion to $22.4 billion, the latest deal to underscore the immense demand for AI computing power.
The agreement will power the training of OpenAI’s “most advanced next-generation models,” CoreWeave said Thursday in a statement. CoreWeave had announced an initial pact with OpenAI in March for as much as $11.9 billion in business and followed that in May with a deal worth as much as $4 billion.