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Contract Type
agreement
New YorkInformation TechnologyProfessional ServicesSoftwareData And AnalyticsPrivate Equity FundPrivate Equity FundPrivate Equity FundPrivate Equity FundPrivate Equity FundVenture Capital FundVenture Capital FundDescription
CoreWeave has announced an agreement with OpenAI to provide dedicated compute capacity for training and delivering AI models at scale to its worldwide users. As part of the deal, OpenAI will also become an investor in CoreWeave with the issuance of $350.0 million of CoreWeave stock. The contract value for this strategic deal is up to $11.9 billion.
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Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months