"Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company's efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company's Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build "AI factories" (data centers) that would use the chipmaker's products."
"The deal is a strong show of support for CoreWeave, which has come under scrutiny over the past few months for raising billions in debt to continue building out its data center operations. The company had $18.81 billion in debt obligations as of September 2025, according to PitchBook data, and it reported revenue of $1.36 billion in the third quarter."
"The company has managed to successfully ride the AI wave since its transition from a crypto mining company to a provider of data center services for AI training and inference. And since its IPO in March last year, it has been busy fleshing out its technology stack with a slew of acquisitions. It acquired Weights & Biases, an AI developer platform, in March, and then soon after bought reinforcement learning startup OpenPipe."
Nvidia purchased Class A shares in CoreWeave at $87.20 per share and committed $2 billion to accelerate the company’s buildout of more than 5 gigawatts of AI computing capacity by 2030. CoreWeave will integrate Nvidia technologies including Rubin chip architecture, Bluefield storage systems, and the Vera CPU line across its platform and co-develop data centers described as "AI factories." The company carries heavy debt—$18.81 billion as of September 2025—while reporting $1.36 billion in third-quarter revenue. CoreWeave transitioned from crypto mining to AI data-center services, completed multiple acquisitions, and expanded a cloud partnership with OpenAI.
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