OpenAI Increases Compute Capacity
OpenAI has contracted to secure up to $22.4 billion in compute capacity from CoreWeave, aiming to triple its compute capacity this year, reaching approximately 6 gigawatts (GW) following last year’s capacity of 1.9 GW. This increase is pivotal for OpenAI, which has achieved a run rate revenue of $20 billion and a valuation of $500 billion, despite ongoing losses in the billions.
CoreWeave’s Market Position
CoreWeave has experienced volatile stock performance since going public last March, with fluctuations exceeding 300% in gains and over 60% in losses. As a key provider of GPU resources, its financial success is heavily tied to OpenAI’s growth trajectory and the overall sentiment of the AI market.
Future Considerations
OpenAI’s efforts in 2026 are focused on practical adoption of AI technologies, which will influence not only its own scalability but also CoreWeave’s revenue potential. This symbiotic relationship underscores the critical importance of OpenAI’s performance in both companies’ futures.
