PYMNTS.com September 25, 2025
Artificial intelligence (AI) hyperscaler CoreWeave has expanded its multi-billion dollar agreement with OpenAI.
Earlier this year, CoreWeave inked a partnership with OpenAI to power the training of its most advanced models. On Thursday (Sept. 25), the companies agreed to a new deal worth up to $6.5 billion, bringing the total contract value to $22.4 billion.
“We are proud to expand our relationship with OpenAI, a company consistently at the forefront of advancing artificial intelligence,” Michael Intrator, Coreweave’s co-founder, chairman and CEO, said in a news release.
“This milestone affirms the trust that world-leading innovators have in CoreWeave’s ability to power the most demanding inference and training workloads at an unmatched pace.”
The release notes that this expanded partnership follows...
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