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CoreWeave's Business Depends On OpenAI. What If The AI Company Can't Pay Up?

Wells Fargo says CoreWeave could benefit from more than $90 billion in backlog, even as OpenAI accounts for about a third of contracted revenue.

Summary by Forbes
OpenAI is one of the former crypto miner’s largest contracted customers. Here are the risks and how CoreWeave is thinking about them.

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CoreWeave can rally on updates to OpenAI, Perplexity deals, Wells Fargo says

The cloud infrastructure provider should gain after giving investors updates on partnerships with major technology players, the bank said.

·Englewood Cliffs, United States
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ForbesForbes
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CoreWeave's Business Depends On OpenAI. What If The AI Company Can't Pay Up?

OpenAI is one of the former crypto miner’s largest contracted customers. Here are the risks and how CoreWeave is thinking about them.

·United States
Read Full Article
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Forbes broke the news in United States on Wednesday, April 29, 2026.
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