CoreWeave (CRWV) Expands its Partnership With Open AI

Group 1 - CoreWeave, Inc. (NASDAQ:CRWV) has expanded its partnership with OpenAI, with the new agreement valued at up to $6.5 billion, bringing the total contract value with OpenAI to approximately $22.4 billion [1][2] - The initial contract with OpenAI was announced in March 2025, valued at $11.9 billion, and was expanded to $4 billion in May 2025 [2] - CoreWeave has committed £1.5 billion to support AI growth in the UK and launched CoreWeave Ventures to invest in AI startups [3] Group 2 - CoreWeave provides a cloud platform specialized in AI workloads, offering high-performance GPU and CPU compute, networking, and storage tailored for AI model training and inference [4] - The company has also expanded its platform by acquiring OpenPipe, a reinforcement learning startup, and Weights & Biases, an AI developer platform [3]