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Nvidia invests $2B in CoreWeave

Nvidia (NVDA) and CoreWeave (CRWV) announced an expansion of their relationship to enable CoreWeave to accelerate the buildout of more than five gigawatts of AI factories by 2030. In addition, Nvidia has invested $2B in CoreWeave Class A common stock at a purchase price of $87.20 per share. The companies intend to: build AI factories developed and operated by CoreWeave using Nvidia’s computing platform technology to meet customer demand; accelerate CoreWeave’s procurement of land, power and shell to build AI factories; test and validate CoreWeave’s AI-native software and reference architecture, including SUNK and CoreWeave Mission Control; deploy multiple generations of Nvidia infrastructure across CoreWeave’s platform through early adoption of Nvidia computing architectures, including the Rubin platform, Vera CPUs and Bluefield storage systems.

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