OpenAI Compute Contracts
The public compute contracts naming OpenAI, with values, terms and sources.
OpenAI is the named buyer in 9 public compute contracts: $698B in hyperscaler and chip-cloud commitments, $22.4B in GPU capacity contracts.
Lenders have financed $50B across 4 deals secured on contracts with OpenAI (including press-reported loans), to Vantage Data Centers (Stargate), CoreWeave and Crusoe Abilene JV (Blue Owl, Primary Digital).
Profile
| Type | AI lab |
| Website | openai.com |
Compute contracts (9)
| Date | Buyer | Seller | Type | Value | Term | Source |
|---|---|---|---|---|---|---|
| Aug 17, 2026 | OpenAI | SB Energy (NVIDIA-backed) | Data center lease | n/d | 20 yrs | Axios |
| Feb 2026 | OpenAI | Amazon Web Services | Cloud commitment | $100B | 8 yrs | DCD |
| Jan 14, 2026 | OpenAI | Cerebras | Cloud commitment | $10Breported | - | Bloomberg |
| Nov 3, 2025 | OpenAI | Amazon Web Services | Cloud commitment | $38B | 7 yrs | DCD |
| Oct 28, 2025 | OpenAI | Microsoft | Cloud commitment | $250B | - | OpenAI |
| Sep 23, 2025 | OpenAI | CoreWeave | GPU capacity | $6.5B | 5.7 yrs | SEC |
| Sep 10, 2025 | OpenAI | Oracle | Cloud commitment | $300Breported | 5 yrs | SiliconANGLE |
| May 15, 2025 | OpenAI | CoreWeave | GPU capacity | $4B | 4 yrs | Bloomberg |
| Mar 10, 2025 | OpenAI | CoreWeave | GPU capacity | $11.9B | 5 yrs | SEC |
Loans secured on OpenAI contracts
| Date | Borrower | Amount | Type | Lenders | Source |
|---|---|---|---|---|---|
| Nov 2025 | Vantage Data Centers (Stargate) | $38Breported | Construction loan | JPMorgan, MUFG +5 | DCD |
| Jul 31, 2025 | CoreWeave | $2.6B | DDTL | Morgan Stanley, MUFG, Goldman Sachs +7 | CoreWeave |
| May 22, 2025 | Crusoe Abilene JV (Blue Owl, Primary Digital) | $7.1B | Construction loan | JPMorgan | Bloomberg |
| Jan 2025 | Crusoe Abilene JV (Blue Owl, Primary Digital) | $2.3B | Construction loan | JPMorgan | Commercial Observer |
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