Overview
- CoreWeave said the new $6.5 billion agreement expands its existing OpenAI work to support training and inference on GPU‑dense infrastructure.
- CEO Michael Intrator said the milestone reflects customer trust in CoreWeave’s ability to deliver high‑performance AI workloads at scale.
- In March the companies signed an $11.9 billion, five‑year pact, which Intrator said grew by another $4 billion in May before today’s addition.
- Earlier this month CoreWeave disclosed a $6.3 billion order from Nvidia, reinforcing its tight supplier relationship.
- Shares fell in premarket trading but turned positive after the announcement, as investors weighed the larger OpenAI backlog and CoreWeave’s Nvidia‑based model with significant Microsoft revenue exposure.