CoreWeave (CRWV) announced an expanded agreement with OpenAI to power the training of its most advanced next-generation models, reinforcing its position as the essential cloud platform for the most demanding AI workloads. The contract value of this deal is up to $6.5B. In March, CoreWeave announced an initial agreement with OpenAI with a contract value up to $11.9B, followed by an expanded agreement worth up to $4B in May. The agreement announced brings the total contract value with OpenAI up to approximately $22.4B.
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