AI Compute Deals

CoreWeave AI compute deals

CoreWeave is party to 14 deals in the ledger, buyer in 5 and seller in 9. The 10 with a stated price add up to $89.3B in headline value. Stated capacity: 5.78 GW. Counterparties: Jane Street, Anthropic, Meta, NVIDIA, OpenAI, Galaxy Digital, Core Scientific, Applied Digital.

Verified 9 Nov 2026. Sums count each row’s headline figure as stated, cancelled deals excluded. Open in the full ledger

  1. Jane Street–CoreWeave ~$6B AI cloud commitment

    Sells to Jane Street

    Approximately $6 billion cloud commitment; plus $1 billion equity purchase at $109.00 per share. Term not disclosed.

    $6B1 expanded

  2. Anthropic–CoreWeave multi-year cloud agreement

    Sells to Anthropic

    Value not disclosed by CoreWeave; Bloomberg also reported no financial details.

    n/d signed

  3. Meta–CoreWeave expanded deal (~$21B through 2032)

    Sells to Meta

    Approximately $21 billion through 20 December 2032, including exercise of an existing option under the Sept 2025 order. Order form signed 31 March 2026; announced 9 April.

    $21B1 expanded

  4. NVIDIA invests $2B in CoreWeave; 5 GW AI factory framework

    Sells to NVIDIA

    $2 billion for 22,935,780 shares at $87.20 (closed 23 Jan 2026). The 5 GW buildout depends on future agreements.

    $2B1 5 GW completed

  5. Meta–CoreWeave order (up to $14.2B through 2031)

    Sells to Meta

    "Up to approximately $14.2 billion through December 14, 2031" per 8-K; order signed 25 Sept 2025 under a Dec 2023 master services agreement.

    $14.2B1 expanded

  6. OpenAI–CoreWeave expansion (up to $6.5B; $22.4B total)

    Sells to OpenAI

    Up to $6.5 billion; cumulative OpenAI contract value approximately $22.4 billion ($11.9B + $4B + $6.5B).

    $6.5B1 expanded

  7. NVIDIA–CoreWeave $6.3B unused-capacity order

    Sells to NVIDIA

    Initial order value $6.3 billion (order dated 9 Sept 2025; 8-K report date 15 Sept 2025).

    $6.3B1 signed

  8. CoreWeave takes the rest of Helios (526 MW critical IT in total)

    Buys from Galaxy Digital

    Capacity shown is this final 133 MW option; the campus total is 526 MW critical IT. Galaxy expects over $1 billion average annual revenue across the three phases and puts total potential value above $30 billion with extensions. Phase III rent starts in 2028.

    n/d 0.133 GW signed

  9. CoreWeave's $9B all-stock bid for Core Scientific (rejected)

    Buys from Core Scientific

    About $9 billion all-stock; 0.1235 CoreWeave shares per Core Scientific share, implying $20.40 per share at announcement.

    $9B1 cancelled

  10. Applied Digital–CoreWeave 15-year leases at Polaris Forge 1

    Buys from Applied Digital

    About $7 billion over ~15 years for the initial 250 MW. After the 150 MW option was exercised, total expected lease revenue is about $11 billion for 400 MW.

    $7B1 0.25 GW expanded

  11. OpenAI–CoreWeave expansion (up to $4B)

    Sells to OpenAI

    Up to $4.0 billion through April 2029, per CoreWeave's Q1 2025 Form 10-Q (commitment as of 14 May 2025).

    $4B1 expanded

  12. CoreWeave exercises 260 MW Helios Phase II option

    Buys from Galaxy Digital

    Minimum contracted lease payments for Phase II per Galaxy's July 2026 note-offering deck ($675 million annual base revenue). Galaxy funded construction with $3.507 billion of 9.875% notes due 2031 (July 2026).

    $10.4B1 0.26 GW expanded

  13. CoreWeave–Galaxy Digital 15-year, 133 MW Helios lease

    Buys from Galaxy Digital

    No total disclosed. Galaxy's Q3 2026 deck gives Phase I annual base revenue of $315 million. Two five-year extension options.

    n/d 0.133 GW expanded

  14. OpenAI–CoreWeave initial cloud contract (up to $11.9B)

    Sells to OpenAI

    Up to approximately $11.9 billion through October 2030, per CoreWeave's IPO prospectus. CoreWeave also issued OpenAI $350 million of stock (8.75 million shares at the IPO price).

    $11.9B1 expanded