CoreWeave

Backed by Nvidia who owns a ~11.5% equity stake and is obligated to purchase up to $6.3Bn of residual cloud capacity through April 2032

Jane Street has committed approximately $6 billion to use CoreWeave’s AI cloud platform. ... CoreWeave will provide Jane Street with access to next-generation compute across multiple facilities, including NVIDIA’s Vera Rubin technology and the software and services required to deploy and scale its AI solutions.

On March 31, 2026, the Company and Meta Platforms, Inc. (“Meta”) entered into a new order form (the “Order Form”) under the existing Master Services Agreement (“MSA”) dated as of December 10, 2023, pursuant to which the Company provides Meta access to cloud computing capacity through fulfillment of reserved capacity orders submitted to the Company by Meta and as may be amended upon the Company’s and Meta’s mutual agreement. Subject to any termination described below and satisfaction of delivery and availability of service requirements, Meta has initially committed to pay the Company approximately $21 billion, inclusive of (i) access to new computing capacity under the Order Form through December 20, 2032 and (ii) the exercise of an existing option to access additional computing capacity un

CoreWeave Expands Agreement with OpenAI by up to $6.5B (September 25, 2025)

CoreWeave signs $14.2 billion AI infrastructure deal with Meta (September 30, 2025)

"Fifth Amendment Albatross Contract" shall mean that certain CoreWeave Reserved Compute Instance Order Form 7 dated August 6, 2025 by and between CoreWeave, Inc. and Microsoft Corporation, as amended in accordance with this Agreement.

"Fifth Amendment OpenAI Contract" shall mean that certain CoreWeave Reserved Compute Instance Order Form #2 dated May 8, 2025 by and between CoreWeave, Inc. and OpenAI OpCo, LLC (including as amended by that certain Amendment No. 1 dated as of June 25, 2025).

On September 25, 2025, CoreWeave, Inc. (the “Company”) and Meta Platforms, Inc. (“Meta”) entered into a new order form (the “Order Form”) under the existing Master Services Agreement (“MSA”) dated as of December 10, 2023, pursuant to which the Company provides Meta access to cloud computing capacity through fulfillment of reserved capacity orders submitted to the Company by Meta and as may be amended upon the Company’s and Meta’s mutual agreement. Subject to any termination described below and satisfaction of delivery and availability of service requirements, Meta has initially committed to pay the Company up to approximately $14.2 billion through December 14, 2031 under the Order Form, with the option to materially expand its commitment through 2032 for additional cloud computing capacity

Extension: Option to materially expand commitment through 2032 for additional cloud computing capacity under the Order Form.

On September 23, 2025, CoreWeave, Inc. (the “Company”) and OpenAI OpCo, LLC (“OpenAI”) entered into a new order form (the “Order Form”) under the existing Master Services Agreement (“MSA”) dated as of May 8, 2025, pursuant to which the Company provides OpenAI access to cloud computing capacity through fulfillment of reserved capacity orders submitted to the Company by OpenAI and as may be amended upon the Company’s and OpenAI’s mutual agreement. Subject to any termination described below and satisfaction of delivery and availability of service requirements, OpenAI has committed to pay the Company up to approximately $6.5 billion through May 31, 2031 under the Order Form.

On September 9, 2025, CoreWeave, Inc. (the “Company”) and NVIDIA Corporation (“NVIDIA”) entered into a new order form (the “Order Form”) under the existing Master Services Agreement (“MSA”) dated as of April 10, 2023, which has an initial value of $6.3 billion, that establishes an arrangement with respect to the sale by the Company of reserved cloud computing capacity to its customers and provides NVIDIA access to any residual unsold cloud computing capacity. Under the terms of agreement, in instances where the Company’s datacenter capacity is not fully utilized by its own customers, NVIDIA is obligated to purchase the residual unsold capacity through April 13, 2032, subject to any termination described below and satisfaction of delivery and availability of service requirements.

◦ $4 billion expansion deal with OpenAI, in addition to previously announced $11.9 billion deal

CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today announced it has closed its $2.6 billion delayed draw term loan facility (“DDTL 5.5 Facility”), supporting the continued expansion of its AI cloud platform and committed customer contracts.

Phase III Contracted Critical IT Load3 133 MW 2028 Initial Rent Commencement

Extension: Two 5-year extension options beyond initial 15-year term; total potential lease term 25 years.

The Issuer intends to use the net proceeds from this Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas ... Galaxy LP to provide the Landlord with the funds as necessary to ensure that each phase of the Project required to be delivered to CoreWeave, Inc. (the “Tenant”) pursuant to the lease agreement, dated August 8, 2025, as amended (the “Data Center Lease”), satisfies all conditions applicable to the commencement of rent for each such phase

Developing Project Speed Phase II (400 Gross MW / 260 MW Critical IT Load), leased to CoreWeave ... 260 MW Critical IT Load Under Contract 15 Years Base Lease Term + Two 5-Year CoreWeave Extension Options ... $10.4Bn (3) (5) Minimum Contracted Lease Payments Q2'27 (5) Initial Targeted Rent Commencement Date ... 3.0-5.0% (4) Annual Rent Escalator ... does not include a $100M options payment already received from CoreWeave

Extension: Two 5-year CoreWeave extension options

providing for a $3.1 billion delayed draw term loan facility (the "DDTL 5.0 Facility"). The DDTL 5.0 Facility was entered into primarily to finance capital expenditures required to perform certain customer contracts, including the acquisition of GPU servers and related infrastructure. ... Proceeds from the DDTL 5.0 Facility will support the purchase and deployment of infrastructure dedicated to customer contracts with two large, non-investment grade customers

CoreWeave has leased 526 MW of critical IT capacity for a period of 15 years, generating anticipated average annual revenue of over $1B for the combined three phases. ... Phase III Contracted Critical IT Load 133 MW

Extension: Two 5-year extension options

Scientific Muskogee all of its rights and obligations under the Muskogee Colocation License Agreement, pursuant to executed agreements.

Extension: Two successive five-year extension options available to CoreWeave.

The Austin Colocation License Agreement grants a license for use of two suites, and each suite has a term of 84 months. ... each of Suite 1 and Suite 2 ramp from $0 per month in months 1–2, to $920,000 per month in months 3–5, and then escalating from $1,895,200 per month in months 6–12 with additional 3% escalations each year to $2,262,967.92 per month

Extension: Two successive five-year extension options available to CoreWeave (with the exception of the Austin Colocation License Agreement, which does not include...).

all of its rights and obligations under the Denton Lease and the Denton Colocation License Agreement pursuant to executed agreements.

Extension: Two successive five-year extension options available to CoreWeave.

providing for an $8.5 billion delayed draw term loan facility (the "DDTL 4.0 Facility"). The DDTL 4.0 Facility was entered into primarily to finance capital expenditures required to perform a customer contract, including the acquisition of GPU servers and related infrastructure.

The Company and NVIDIA entered into a collaboration framework to expand their long-standing complementary relationship to advance AI adoption at global scale and to accelerate the Company's buildout of more than 5 gigawatts of artificial intelligence factories by 2030 developed and operated by the Company using NVIDIA's computing platform technology.

Over the 15-year initial term of the Phase I lease agreement, Galaxy expects to receive approximately $4.5B of total lease payments or $300M of average annual lease payments, which include the impact of an annual CPI-linked escalator ... Over the 15-year initial term for Phases I, II and III, Galaxy expects to receive over $1B in average annual lease payments at approximately 90% site-level EBITDA margins ... Phase I Contracted Critical IT Load 133 MW Expected Delivery Date 1H26 Gross Power 200 MW Phase II Contracted Critical IT Load 260 MW Expected Delivery Date 2027 Gross Power 400 MW Phase III Committed Critical IT Load 133 MW Expected Delivery Date 2028 Gross Power 200 MW Total Committed Critical IT Load 526 MW Expected Delivery Date 2028 Gross Power 800 MW

For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell with no capex credit associated with this new agreement.

"Coreweave Building 2 Lease" means that certain Datacenter Lease for the property located at 9663 87th Avenue SE, Ellendale, ND, dated as of May 28, 2025, by and between APLD ELN-02 LLC, a Delaware limited liability company, as landlord, and Coreweave, Inc., a Delaware corporation, as tenant. ... the Company's previously disclosed lease with a hyperscaler for the first 100 MW data center located at the Company's 400 MW Ellendale, North Dakota datacenter campus ("Polaris Forge 1")

The Fifth Amendment adds an incremental $3.0 billion tranche of delayed draw term loans (the "Fifth Amendment DDTL") to the DDTL 2.0 Credit Agreement. ... CCAC IV intends to use borrowings under the Fifth Amendment DDTL to fund the purchase and maintenance of certain equipment, hardware, infrastructure and other systems to be utilized to provide both investment grade and unrated strategic customers of the Parent with certain services ordered by such strategic customers.

on August 28, 2025, APLD ELN-02 C LLC, a subsidiary of the Company, ... Forge 1 (“Building 4”), a 150MW data center to be constructed by the Company. ... The total contract value for the initial approximately fifteen (15)-year term of the Building 4 Lease is expected to be approximately $4.0 billion.

providing for a $2.6 billion delayed draw term loan facility (the “DDTL 3.0 Facility”). The DDTL 3.0 Facility was entered into primarily to finance capital expenditures required to perform a customer contract, including the acquisition of GPU servers and related infrastructure.

On May 28, 2025, APLD ELN-02 LLC and APLD ELN-03 LLC ... each entered into a datacenter lease ... with CoreWeave, Inc. ... The second lease is for the full capacity of Building 3, a 150MW data center that is also under construction (“Building 3”) ... The total contract value, for the initial approximately fifteen (15)-year term ... (ii) for the Building 3 Datacenter Lease is expected to be approximately $4 billion

Extension: Three 5-year extension options.

On May 28, 2025, APLD ELN-02 LLC and APLD ELN-03 LLC ... each entered into a datacenter lease ... with CoreWeave, Inc. ... The first lease is for the full capacity of Building 2, the Company’s 100MW data center that is currently under construction (“Building 2”) ... The total contract value, for the initial approximately fifteen (15)-year term, (i) for the Building 2 Datacenter Lease is expected to be approximately $3 billion

Extension: Three 5-year extension options.

2024: Signed a total of ~500 MW of colocation1 contracts with anticipated potential revenue of $8.7 Billion over 12-year contracts ... Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid.

Extension: Two 5-year options

2025 February: Signed incremental 70 MW of billable capacity, bringing total potential revenue to >$10 Billion over 12-year contracts ... For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell with no capex credit associated with this new agreement.

Extension: 12-year contracts with two 5-year options

2024 February: Leased Austin, TX site and signed first CoreWeave colocation1 contract for 16 MW of billable capacity ... Austin, Texas contract term is 7 years with elective extensions3

Extension: Elective extensions beyond 7-year base term

The new agreement brings $1.2 billion in contracted revenue across Core Scientific’s Denton TX location ... The 70 MW of expansion at the Denton site brings the full critical IT load to just over 260 MW. ... New Agreement Boosts Total Contracted Revenue to $10.2 Billion over 12-year Contract Terms ... Under the terms of this 70MW expansion, Core Scientific is responsible for funding $104 million of capex ($1.5M per MW) for the powered core and shell, with CoreWeave responsible for the additional capex associated with the expansion. The company also retains the option for two additional five-year renewal terms.

Extension: Two additional five-year renewal terms.

On October 22, 2024, Core Scientific, Inc. (the “Company”) issued a press release announcing that CoreWeave, the AI Hyperscaler, had exercised its final option to contract for additional infrastructure under the terms of its 200MW 12-year high-performance compute hosting contracts previously announced on June 3, 2024.

Under the terms of today’s announced agreement, Core Scientific will modify its infrastructure to deliver approximately 112 incremental MW for HPC to host CoreWeave’s NVIDIA GPUs. ... The new contract with CoreWeave is expected to add approximately $2.0 billion in projected additional cumulative revenue over the hosting contract’s 12-year term to the more than $4.7 billion in projected cumulative revenue associated with previously announced contracts with CoreWeave, for a total of $6.7 billion.

Extension: two renewal terms of five years each

Under the terms of today’s announced agreement, Core Scientific will modify a total of 100 MW of its owned infrastructure to deliver approximately 70 MW to host CoreWeave’s NVIDIA GPUs for HPC operations. ... This new 12-year HPC hosting contract ... adding an additional $1.225 billion in projected cumulative revenue over the 12-year contract timeline ... An estimated $105 million of the capital investments associated with the additional contract will be credited against hosting payments at no more than 50% of monthly fees until fully repaid.

Extension: Two renewal terms of five years each

~200 MW of additional HPC power ... Adds total cumulative revenue estimated at over $3.5Bn ... Estimated average annual revenue of $290 million ... Initial term of 12 years with two, 5-year renewal options

Extension: Two 5-year renewal options

Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract with Potential Revenue of More than $100 Million ... Core Scientific will deliver up to 16 MW of capacity at its new Austin, TX data center to host CoreWeave’s infrastructure.