Long-term OpenAI services agreement funded by DDTL 3.0
Company: CoreWeave
The claim, verbatim
Proceeds from the DDTL 3.0 Facility will fund the purchase and maintenance of equipment, hardware, and cloud infrastructure to deliver services under a long-term agreement with OpenAI.
Source (primary)
coreweave 8-K exhibit (ddtl30pressrelease-ex991x6.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “The funding will be used to support the purchase and maintenance of advanced equipment, hardware, and cloud infrastructure systems to deliver services under a long-term agreement with OpenAI.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release says the funding will be used to purchase and maintain equipment, hardware, and cloud infrastructure to deliver services under a long-term agreement with OpenAI.
Confirmed in the source:
- The DDTL 3.0 funding will support the purchase and maintenance of advanced equipment, hardware, and cloud infrastructure systems
- The purpose is to deliver services under a long-term agreement with OpenAI
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1769628/000176962825000033/ddtl30pressrelease-ex991x6.htm) in full (3,484 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms coreweave 8-K exhibit (ddtl30pressrelease-ex991x6.htm)
Quote: “The funding will be used to support the purchase and maintenance of advanced equipment, hardware, and cloud infrastructure systems to deliver services under a long-term agreement with OpenAI.”