Compute · the Ledger · Capacity contract
OpenAI commits up to ~$6.5B more through May 31, 2031 in a new CoreWeave order form
Amended · announced 25 Sept 2025 · the week to 26 Sept 2025
- Size
- $6.5B
Up to approximately $6.5B (a ceiling); CoreWeave puts total OpenAI contract value at up to ~$22.4B after this order.
The parties
- OpenAIcompany pageBuyer
- CoreWeavecompany pageProvider
The source
CoreWeave 8-K, 2025-09-25Regulatory filing
Order form under the May 8, 2025 MSA, filed as Exhibit 10.1. Expands openai-coreweave-capacity-2025-03 and openai-coreweave-expansion-2025-05.
The same parties, other deals
- 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
- 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
- CoreWeave closes $8.5B DDTL 4.0, rated A3/A (low), to finance GPU servers for a customer contract$8.5B · 31 Mar 2026
- Amazon agrees to invest $50B in OpenAI: $15B in the current round plus a $35B commitment tied to milestones or an IPO$50B · 27 Feb 2026
- OpenAI expands its AWS agreement by $100B over eight years, including ~2 GW of Trainium capacity$100B · 27 Feb 2026