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Coreweave signs new $4 billion deal with OpenAI, filing shows

Coreweave signs new $4 billion deal with OpenAI, filing shows

FILE PHOTO: A screen displays the company logo for CoreWeave, Inc., Nvidia-backed cloud services provider, during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS/Brendan McDermid/File Photo

Nvidia-backed AI company Coreweave has signed an additional agreement with OpenAI under which the ChatGPT maker has committed to pay Coreweave up to $4 billion through April 2029, a regulatory filing showed on Thursday.

Coreweave said on a post-earnings call on Wednesday it had signed a $4 billion expansion with an AI enterprise, but did not name the company.

Source: Reuters
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