Michael Intrator, co-founder and chief government officer of CoreWeave Inc., throughout an interview on the ground of the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 22, 2025.
Michael Nagle | Bloomberg | Getty Images
CoreWeave on Thursday introduced a $6.5 billion deal with OpenAI, increasing its present settlement with the bogus intelligence startup behind ChatGPT.
The new settlement brings the AI cloud infrastructure supplier’s whole contracts with OpenAI to $22.5 billion.
“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,” CoreWeave CEO Michael Intrator stated in a press release.
In March, CoreWeave introduced an $11.9-billion agreement with OpenAI to offer AI datacenters and know-how over 5 years. Intrator advised CNBC in May that the businesses expanded the agreement by $4 billion.
CoreWeave, which went public in March, makes cash by renting out knowledge facilities packed with quite a few Nvidia graphics processing items. The firm is backed by Nvidia and makes a big chunk of its income from Microsoft, which is a key investor in OpenAI.
At the time of its prospectus, CoreWeave stated it operated 32 datacenters powered over 250,000 Nvidia GPUs. Its datacenter plans span the U.S. and components of Europe.
CoreWeave’s newest initiatives embody a $6-billion deal for an preliminary 100 megawatt datacenter in Lancaster, Pennsylvania and commitments to building up the United Kingdom’s AI datacenter capability.
Earlier this month, CoreWeave’s share worth popped after the corporate disclosed a $6.3 billion order from Nvidia.
WATCH: CoreWeave CEO: Building AI infrastructure will require trillions in public-private investment
