{"entity":{"id":"coreweave","name":"CoreWeave","short":"CoreWeave","kind":"public","ticker":"CRWV","note":"IPO 2025-03-28 at $40. Q2 2026: revenue $2.575B, backlog about $104B, interest expense $640M, net loss $626M, capex $6.4B; more than $10B of debt and convertibles raised in 2026."},"outEdges":[{"id":"9a1302b28ab0","from":"coreweave","to":"core_scientific","type":"acquisition","amountUsdB":9,"amountNote":"All-stock offer announced July 2025; Core Scientific shareholders voted it down and the merger agreement was terminated 2025-10-30.","announced":"2025-07-07","status":"cancelled","source":"https://www.cnbc.com/2025/10/30/core-scientific-shareholders-reject-9-billion-coreweave-offer-deal-terminated.html","sourceLabel":"CNBC","altSource":"https://investors.corescientific.com/news-events/press-releases/detail/124/core-scientific-announces-termination-of-merger-agreement-with-coreweave","confidence":"high"}],"inEdges":[{"id":"86b4a0b7c587","from":"openai","to":"coreweave","type":"compute_contract","amountUsdB":22.4,"amountNote":"Up to; cumulative: $11.9B (Mar 2025, OpenAI also received ~$350M of CoreWeave stock) + $4B (May 2025) + $6.5B (Sept 2025).","announced":"2025-03-10","status":"announced","source":"https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/default.aspx","sourceLabel":"CoreWeave IR","altSource":"https://www.bloomberg.com/news/articles/2025-09-25/coreweave-expands-deals-with-openai-to-as-much-as-22-4-billion","confidence":"high"},{"id":"ffae15d179b9","from":"meta","to":"coreweave","type":"compute_contract","amountUsdB":14.2,"amountNote":"Six-year GB300 capacity contract with option to extend to 2032-12-14.","announced":"2025-09-30","status":"announced","source":"https://www.cnbc.com/2025/09/30/coreweave-meta-deal-ai.html","sourceLabel":"CNBC","confidence":"high"},{"id":"8ecef36172e9","from":"meta","to":"coreweave","type":"compute_contract","amountUsdB":21,"amountNote":"Expanded agreement through December 2032 (about $21B), inference-focused, with early deployments of Nvidia's Vera Rubin platform.","announced":"2026-04-09","status":"announced","source":"https://investors.coreweave.com/news/news-details/2026/CoreWeave-and-Meta-Announce-21-Billion-Expanded-AI-Infrastructure-Agreement/default.aspx","sourceLabel":"CoreWeave IR","altSource":"https://www.bloomberg.com/news/articles/2026-04-09/coreweave-expands-meta-deal-for-ai-computing-to-21-billion","confidence":"high"},{"id":"4f6651df32b1","from":"nvidia","to":"coreweave","type":"equity_investment","amountUsdB":0.25,"amountNote":"$250M anchor order in the IPO at $40/share (IPO raised $1.5B, priced below range). Nvidia was already an early investor (2023) and held ~$900M of CoreWeave stock as of 2025-03-31 (13F).","announced":"2025-03-28","status":"closed","source":"https://www.cnbc.com/2025/03/27/nvidia-to-anchor-coreweave-ipo-at-40-a-share-source-says.html","sourceLabel":"CNBC","altSource":"https://www.cnbc.com/2025/05/15/nvidia-owned-900-million-worth-of-coreweave-shares-q1-filing-shows.html","confidence":"high"},{"id":"df704ddb1b15","from":"nvidia","to":"coreweave","type":"compute_contract","amountUsdB":6.3,"amountNote":"Initial value; order form under the 2023 MSA: Nvidia is 'obligated to purchase the residual unsold capacity' through 2032-04-13, i.e. a demand backstop for CoreWeave's Nvidia-GPU fleet.","announced":"2025-09-09","status":"closed","source":"https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm","sourceLabel":"CoreWeave 8-K","altSource":"https://www.cnbc.com/2025/09/15/coreweave-stock-jumps-on-disclosure-of-6point3-billion-order-from-nvidia.html","confidence":"high"},{"id":"0f8258c3aa7b","from":"nvidia","to":"coreweave","type":"equity_investment","amountUsdB":2,"amountNote":"Class A shares at $87.20; tied to a plan to add >5 GW of capacity by 2030 and early access to new Nvidia products.","announced":"2026-01-26","status":"closed","source":"https://investors.coreweave.com/news/news-details/2026/NVIDIA-and-CoreWeave-Strengthen-Collaboration-to-Accelerate-Buildout-of-AI-Factories/default.aspx","sourceLabel":"CoreWeave IR","altSource":"https://www.bloomberg.com/news/articles/2026-01-26/nvidia-invests-another-2-billion-in-coreweave-offers-new-chip","confidence":"high"},{"id":"bd8573042b0e","from":"microsoft","to":"coreweave","type":"compute_contract","amountUsdB":10,"amountNote":"'More than $10B' across five contracts through 2030 per CoreWeave's S-1, which also disclosed Microsoft was 62% of 2024 revenue (35% in 2023). Exact contract values not itemised.","announced":"2025-03-03","status":"closed","source":"https://www.sec.gov/Archives/edgar/data/1769628/000119312525044231/d899798ds1.htm","sourceLabel":"CoreWeave S-1","altSource":"https://www.theregister.com/2025/03/04/coreweave_ipo/","confidence":"medium"},{"id":"5f20701cd506","from":"capital_markets","to":"coreweave","type":"debt","amountUsdB":10,"amountNote":"'Raised more than $10 billion of unsecured debt and convertible bonds' in 2026 (incl. inaugural Eurobond) plus a $3.1B term loan and a $1B strategic investment from Jane Street; Q2 2026 interest expense $640M.","announced":"2026-08-11","status":"closed","source":"https://investors.coreweave.com/news/news-details/2026/CoreWeave-Reports-Strong-Second-Quarter-2026-Results/default.aspx","sourceLabel":"CoreWeave IR (Q2 2026 results)","confidence":"high"}],"outUsdB":0,"inUsdB":86.14999999999999,"partners":[{"id":"meta","name":"Meta Platforms","outUsdB":0,"inUsdB":35.2,"deals":2,"circular":false},{"id":"openai","name":"OpenAI","outUsdB":0,"inUsdB":22.4,"deals":1,"circular":false},{"id":"microsoft","name":"Microsoft","outUsdB":0,"inUsdB":10,"deals":1,"circular":false},{"id":"capital_markets","name":"Bond, loan & private-credit markets","outUsdB":0,"inUsdB":10,"deals":1,"circular":false},{"id":"nvidia","name":"NVIDIA","outUsdB":0,"inUsdB":8.55,"deals":3,"circular":false}],"circularPairs":[]}