CoreWeave Expands Agreement with OpenAI for Next-Gen Model Training

According to PANews, CoreWeave, a U.S.-based AI cloud computing company, has announced an expanded agreement with OpenAI to power the training of OpenAI's next-generation models. The contract for this deal is valued at up to $6.5 billion. In March 2025, CoreWeave initially reached an agreement with OpenAI worth up to $11.9 billion, followed by an extension in May valued at up to $4 billion. With today's announcement, the total contract value between CoreWeave and OpenAI now amounts to approximately $22.4 billion.