CoreWeave
CoreWeave rents out NVIDIA GPU capacity to AI labs and big tech companies, financed largely with debt secured on its chips and contracts.
CRWVLivingston, New Jersey, United StatesClouds & neocloudsTotal debt $35.1B (as of Jun 30, 2026)Operating-lease liabilities $16.3B (as of Jun 30, 2026)
Supplies
OpenAI buys from CoreWeave · $22.4B
OpenAI's contracts with CoreWeave total up to about $22.4B.
Meta Platforms buys from CoreWeave · $21B
Meta's April 2026 deal with CoreWeave expanded to $21 billion of capacity through December 2032, as reported by InsiderFinance.
Supplies Anthropic
CoreWeave agreed in April 2026 to provide Nvidia GPU capacity for Anthropic's production Claude inference workloads under a multi-year deal.
Buys from
Buys from NVIDIA
CoreWeave's cloud is built on NVIDIA GPUs, starting with large H100 purchases in 2022.
Money
NVIDIA guarantees CoreWeave · $6.3B
An order form gives NVIDIA any cloud capacity CoreWeave cannot sell: in effect a demand backstop.
NVIDIA invests in CoreWeave · $2B
NVIDIA bought $2B of CoreWeave common stock at $87.20 a share.
Magnetar Capital invests in CoreWeave · $50M
Magnetar invested in a 2021 convertible note, then led the 2023 Series B and joined later rounds, and became CoreWeave's largest equity holder.