OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave to secure GPU compute capacity for its AI models.
This deal marks one of OpenAI's largest cloud infrastructure investments, signaling a diversification beyond Microsoft's Azure.
As part of the agreement, OpenAI will receive $350 million in CoreWeave equity, strengthening their relationship ahead of CoreWeave's expected IPO.
CoreWeave, originally a crypto mining company, has transformed into a major AI infrastructure provider, operating 32 data centers and leveraging over 250,000 Nvidia GPUs.
The deal secures an essential supply of high-performance computing resources for OpenAI, addressing concerns about a GPU shortage. Securing infrastructure has become a key battleground in the AI industry, making access to GPUs critical.