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The Markets Desk — Week 46 · Wed 11 Nov 2026
Compute · a party on the Ledger

OpenAI

13 deals · Buyer ×10 · Took the investment ×1 · Investor ×1 · Tenant ×1

OpenAI’s company pageIn the LedgerThe compute board
Every published deal OpenAI is on, newest first
AnnouncedDealRoleKindSizeSource
17 Aug 2026Nvidia gives SB Energy residual value guaranties, capped at $105B, on ~4.25 GW of Ohio data center leases to OpenAITenantBackstop$105BNVIDIA 8-K, 2026-08-17
27 Feb 2026Amazon agrees to invest $50B in OpenAI: $15B in the current round plus a $35B commitment tied to milestones or an IPOTook the investmentEquity stake$50BAmazon 8-K, 2026-02-27
27 Feb 2026OpenAI expands its AWS agreement by $100B over eight years, including ~2 GW of Trainium capacityBuyerCapacity contract$100BAmazon 8-K Ex. 99.1, 2026-02-27
14 Jan 2026OpenAI agrees to deploy 750 MW of Cerebras inference compute; Cerebras's S-1 values the deal at more than $20BBuyerCapacity contract$20BCerebras S-1, April 2026
3 Nov 2025OpenAI signs a $38B, seven-year agreement for AWS capacity on Nvidia GB200 and GB300 GPUsBuyerCapacity contract$38BAmazon announcement, 2025-11-03
28 Oct 2025OpenAI recapitalizes; Microsoft's stake is ~27% (~$135B) and OpenAI contracts to buy an incremental $250B of Azure servicesBuyerCapacity contract$250BMicrosoft blog, 2025-10-28
13 Oct 2025OpenAI and Broadcom sign a term sheet to deploy 10 GW of OpenAI-designed accelerators and Broadcom networking by 2029BuyerChip supplyundisclosedOpenAI/Broadcom press release, 2025-10-13
6 Oct 2025OpenAI agrees to buy AMD Instinct GPUs (binding first 1 GW of MI450, up to 6 GW); AMD issues OpenAI a warrant for up to 160M sharesBuyerChip supplyundisclosedAMD 8-K, 2025-10-06
25 Sept 2025OpenAI commits up to ~$6.5B more through May 31, 2031 in a new CoreWeave order formBuyerCapacity contract$6.5BCoreWeave 8-K, 2025-09-25
22 Sept 2025Nvidia and OpenAI sign a letter of intent: at least 10 GW of Nvidia systems, with Nvidia intending to invest up to $100BBuyerChip supply$100BNVIDIA press release, 2025-09-22
8 May 2025OpenAI expands CoreWeave capacity agreement by up to $4B under a new MSA dated May 8, 2025BuyerCapacity contract$4BCoreWeave press release, 2025-09-25
10 Mar 2025OpenAI commits up to ~$11.9B through October 2030 for CoreWeave cloud capacity; CoreWeave issues OpenAI $350M of stockBuyerCapacity contract$11.9BCoreWeave S-1/A, 2025-03-12
21 Jan 2025OpenAI, SoftBank, Oracle and MGX announce Stargate, intending to invest $500B in US AI infrastructure over four yearsInvestorEquity stake$500BOpenAI announcement, 2025-01-21

Facts only · every row read in its source · a party is matched by its name as the deals state it