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Investing.com -- CoreWeave stock surged 9% Monday morning following the announcement of a significant cloud computing agreement with NVIDIA Corporation (NASDAQ:NVDA).
The cloud computing provider disclosed in an SEC filing that it entered into a new order form under its existing Master Services Agreement with NVIDIA on September 9, 2025. The arrangement, valued at $6.3 billion, establishes terms for CoreWeave to sell reserved cloud computing capacity to its customers while providing NVIDIA access to any residual unsold capacity.
Under the agreement, NVIDIA is obligated to purchase any unused datacenter capacity through April 13, 2032, subject to termination conditions and service availability requirements. The deal effectively guarantees revenue for CoreWeave’s excess capacity.
The Master Services Agreement, originally dated April 10, 2023, will remain in effect until all outstanding orders expire or are terminated, or until the agreement is otherwise terminated according to its terms. Either party may terminate the agreement with 30 days’ written notice of a breach or if the other party faces bankruptcy or insolvency proceedings.
The filing also notes that NVIDIA supplies CoreWeave with GPUs and is a stockholder in the company. Complete details of the agreement will be included in CoreWeave’s quarterly report for the period ending September 30, 2025.
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