COMPANIES · CLOUD & COMPUTE

CoreWeave

Provides cloud infrastructure designed for demanding AI workloads.

DirectCloud & compute
What it does

Provides cloud infrastructure designed for demanding AI workloads.

Why it matters

It is the largest specialized 'neocloud' focused on renting NVIDIA-based AI computing capacity, and a significant NVIDIA investment target.

How it makes money

Rents AI-optimized cloud computing capacity, largely built on NVIDIA GPUs, to AI labs and enterprises.

Geography

United States

AI stack position

Cloud and specialized AI compute providers. The companies that buy up AI infrastructure and rent out computing power to AI developers and businesses. This is how most companies access AI computing without building their own data centers.

Same-layer peers

Same-layer peers share an editorial stack classification; that alone does not establish direct competition.

Connections (11)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Current relationships (4)

Vertiv supplies liquid cooling infrastructure to CoreWeave
SuppliesCurrent
Vertiv supplies CoolChip coolant distribution units (rated at 121kW of liquid-to-liquid heat rejection) plus CFD modeling and deployment engineering to support CoreWeave's liquid-cooled NVIDIA GB300 NVL72 AI infrastructure.

Source: 2026-06-19 · reviewed 2026-09-22

Evidence: Primary-source statement · Reported operating

Limits: Describes Vertiv's product and engineering role; does not establish contract value, exclusivity, order volumes, or which specific CoreWeave sites are using this equipment.

How Vertiv and CoreWeave are orchestrating AI innovation ↗
NVIDIA invested in CoreWeave
Invested inCurrent
NVIDIA reported a completed $2 billion CoreWeave share investment.

Source: 2026-01-26 · reviewed 2026-09-17

Evidence: Primary-source statement · Investment reported completed

Limits: January 2026 transaction at $87.20 per share. Not total lifetime investment or current ownership percentage.

NVIDIA and CoreWeave strengthen collaboration ↗
NVIDIA provides platform technology to CoreWeave
Provides infrastructure toCurrent
CoreWeave identifies NVIDIA hardware and software in its cloud platform.

Source: 2026-01-26 · reviewed 2026-09-17

Evidence: Primary-source statement · Reported operating

Limits: Technology use does not establish direct purchase volumes or sole-supplier status.

NVIDIA and CoreWeave strengthen collaboration ↗
Cisco Systems investing in CoreWeave at a roughly $23 billion valuation CoreWeave
Invested inCurrent
Cisco Investments made an equity investment in CoreWeave, reported at a roughly $23 billion valuation, and lists CoreWeave in its published investment portfolio.

Source: 2024-10-03 · reviewed 2026-09-20

Evidence: Primary-source statement · Completed minority investment, made before CoreWeave's 2025 IPO

Limits: Confirms Cisco Investments holds a stake in CoreWeave; the $23 billion valuation figure comes from press reporting on the round rather than a joint statement, and ownership percentage is not disclosed.

Coreweave | Cisco Investments ↗

Dated or announced (7)

CoreWeave will provide AI cloud capacity to Meta Platforms
Provides computing capacity toDated / announced
CoreWeave announced an expanded agreement worth about $21 billion running through December 2032 to supply Meta with dedicated AI cloud capacity for inference workloads, with initial deployments on NVIDIA's Vera Rubin platform.

Source: 2026-04-09 · reviewed 2026-09-24

Evidence: Primary-source statement · Announced; not confirmed operating

Limits: A contract value announced by CoreWeave, not revenue recognized. It does not establish how much capacity has been delivered, where it sits, the pricing per unit of compute, or that Meta cannot reduce or cancel the commitment.

CoreWeave and Meta Announce $21 Billion Expanded AI Infrastructure Agreement ↗
CoreWeave provides computing capacity to Runway
Provides computing capacity toDated / announced
CoreWeave agreed to supply Runway with NVIDIA GB300 NVL72 computing systems and related software tools for training and running its video-generation models, announced December 11, 2025.

Source: 2025-12-11 · reviewed 2026-09-20

Evidence: Primary-source statement · Announced

Limits: Does not disclose contract value, duration, or the actual capacity delivered to date.

CoreWeave Announces Agreement to Power Runway's Next Generation AI Video Models ↗
CoreWeave expanded compute agreement with OpenAI
Provides computing capacity toDated / announced
CoreWeave announced an additional OpenAI agreement worth up to $6.5 billion, bringing announced agreements to about $22.4 billion at that date.

Source: 2025-09-25 · reviewed 2026-09-17

Evidence: Primary-source statement · Contract expansion announced

Limits: Dated announced contract value, not recognized revenue, delivered capacity or current remaining backlog.

CoreWeave expands OpenAI agreement ↗
CoreWeave agreed to provide compute to OpenAI
Provides computing capacity toDated / announced
CoreWeave announced an OpenAI contract worth up to $11.9 billion.

Source: 2025-03-10 · reviewed 2026-09-17

Evidence: Primary-source statement · Contract announced

Limits: Initial March 2025 agreement only. Not current total backlog, recognized revenue or delivered capacity.

CoreWeave agreement with OpenAI ↗
OpenAI was to receive equity in CoreWeave
Invested inDated / announced
OpenAI was to receive $350 million of CoreWeave stock under the agreement.

Source: 2025-03-10 · reviewed 2026-09-17

Evidence: Primary-source statement · Equity issuance announced

Limits: Do not describe the stock issuance as a cash investment or proof of a current holding.

CoreWeave agreement with OpenAI ↗
Dell Technologies supplies AI servers to CoreWeave
SuppliesDated / announced
Dell Technologies and CoreWeave extended their relationship for Dell to supply AI server infrastructure that CoreWeave deploys in its cloud.

Source: 2024-12-09 · reviewed 2026-09-17

Evidence: Primary-source statement · Contract announced

Limits: Announced relationship extension; does not disclose contract value, volume or exclusivity.

CoreWeave and Dell Technologies extend relationship to deliver AI at scale ↗
CoreWeave provides computing capacity to Microsoft
Provides computing capacity toDated / announced
CoreWeave signed a contract with Microsoft to use CoreWeave's data centers to run AI models, with Microsoft planning to spend approximately $10 billion on CoreWeave services by 2030.

Source: 2024-11-04 · reviewed 2026-09-22

Evidence: Secondary reporting (unconfirmed by primary parties) · Historical / announced

Limits: Does not establish the contract's exclusivity or that the full $10 billion has been spent; the figure is a reported spending plan through the end of the decade, not confirmed directly by either company.

Microsoft to spend $10bn on CoreWeave by end of decade ↗
Evidence for this profile

CoreWeave and NVIDIA collaboration ↗
Reviewed

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.22, released .