Nvidia (NVDA) has invested an additional $2 billion in AI cloud provider CoreWeave (CRWV). The move strengthens their partnership to accelerate the build‑out of global AI factory infrastructure. The companies are collaborating to build AI factories, aiming for over 5 gigawatts of capacity by 2030. Following the news, CRWV stock jumped 10% in the pre-market trading session.
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To support this effort, Nvidia purchased CoreWeave Class A common stock at $87.20 per share, reflecting confidence in the company’s growth and cloud platform strategy. Importantly, Nvidia’s financial backing will help CoreWeave secure land, power, and facilities to scale rapidly.
Under this deal, CoreWeave will develop and operate AI factories using Nvidia’s Rubin platform, Vera CPUs, and Bluefield storage systems, while also testing its AI-native software, such as SUNK and Mission Control, for deeper interoperability.
Nvidia’s CEO Jensen Huang described the initiative as part of “the largest infrastructure buildout in human history,” while CoreWeave CEO Michael Intrator noted that AI succeeds when software and infrastructure are designed together.
This latest investment deepens the already close relationship between the two, as CoreWeave continues to serve as a specialized cloud provider for Nvidia’s advanced GPUs, including upcoming Rubin and Blackwell platforms.
Is Nvidia a Good Stock to Buy Now?
Overall, Wall Street has a Strong Buy consensus rating on Nvidia stock based on 39 Buy, one Hold, and one Sell recommendations. The average NVDA stock price target of $263.44 indicates 40.37% upside potential.
