Major customers on take-or-pay contracts
Company: CoreWeave
The claim, verbatim
CoreWeave's customers include Microsoft, Meta and OpenAI, and many of its contracts are take-or-pay agreements under which customers generally commit to pay for capacity whether or not they fully use it.
Source (primary)
Investors are giving up on CoreWeave. I see a potential triple - CNBC (-, news_article)
View cached copy (2026-11-04)Live source ↗Archive.org ↗
Quote: “Its customers include Microsoft, Meta and OpenAI, some of the biggest names in AI. Many of its contracts are structured as take-or-pay agreements”
How we checked this
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Additional evidence
confirms Investors are giving up on CoreWeave. I see a potential triple - CNBC
Quote: “Its customers include Microsoft, Meta and OpenAI, some of the biggest names in AI. Many of its contracts are structured as take-or-pay agreements”