Compute · the Ledger · Backstop
Nvidia agrees to buy CoreWeave's residual unsold cloud capacity through April 13, 2032 under a $6.3B order form
Signed · announced 15 Sept 2025 · the week to 19 Sept 2025
- Size
- $6.3B
Initial value of the order form: $6.3B.
The parties
- NVIDIAcompany pageGuarantor
- CoreWeavecompany pageProvider
The source
CoreWeave 8-K, 2025-09-15Regulatory filing
New order form under the April 10, 2023 MSA: where CoreWeave's capacity is not fully used by its own customers, Nvidia must purchase the residual unsold capacity through 2032-04-13, subject to delivery and availability requirements. Nvidia is also CoreWeave's GPU supplier and a stockholder.
The same parties, other deals
- NVIDIA agrees to buy $1.0B of Nscale convertible notes or non-voting shares within a $3.1B minimum subscription$1B · 18 Sept 2026
- Crusoe holds the initial closing of an anticipated $3.9B Series F at a $30.9B post-money valuation$3.9B · 17 Sept 2026
- Nvidia gives SB Energy residual value guaranties, capped at $105B, on ~4.25 GW of Ohio data center leases to OpenAI$105B · 17 Aug 2026
- Nvidia signs a $3.4B, five-year AI cloud contract with IREN for air-cooled Blackwell GPUs at Childress$3.4B · 7 May 2026
- Jane Street commits ~$6B to CoreWeave's AI cloud and buys $1B of CoreWeave stock at $109.00$6B · 15 Apr 2026
- Meta signs a new CoreWeave order form; Meta's initial commitment is ~$21B through December 20, 2032$21B · 9 Apr 2026