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Form 8-K · Current Report · Filed 2025-09-25

CoreWeave, Inc. Announces New Material Agreement with OpenAI OpCo, LLC

On September 23, 2025, CoreWeave, Inc. entered into a new order form under its existing Master Services Agreement (MSA) with OpenAI OpCo, LLC. This agreement, which is a material definitive agreement, commits OpenAI to pay CoreWeave up to approximately $6.5 billion through May 31, 2031, for providing cloud computing capacity. The MSA will remain in effect until all orders are fulfilled or the agreement is terminated. Financial statements and exhibits related to this agreement are furnished with the filing.

Filer
CRWV CRWV
Filed
Accession
0001193125-25-216497
CIK
0001769628
Signal
Medium impact

Items reported

Item 1.01

Entry into a Material Definitive Agreement

New Major Contract
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$133.40

Next session

-9.8%

Since filing

-46.2%

Latest close

$71.77

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CRWV reporting the same item, with the next session's move:

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