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CoreWeave Increases Deal With Microsoft-Backed OpenAI by Up to $6.50 Billion
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CoreWeave Increases Deal With Microsoft-Backed OpenAI by Up to $6.50 Billion
Sep 25, 2025 6:39 AM

09:21 AM EDT, 09/25/2025 (MT Newswires) -- CoreWeave ( CRWV ) said Thursday that it has expanded its agreement with Microsoft ( MSFT )-backed (MSFT) OpenAI to power the training of its most advanced next-generation models by up to $6.50 billion.

The agreement announced Thursday brings the total contract value with OpenAI up to $22.40 billion, CoreWeave ( CRWV ) said. CoreWeave ( CRWV ) reported in March an initial agreement with OpenAI with a contract value up to $11.90 billion, followed by an expanded agreement worth up to $4 billion in May.

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