"Nvidia is getting the checkbook out again for CoreWeave, buying $2 billion worth of the cloud company's stock. CoreWeave said on Monday that alongside the investment, the two companies would build "AI factories" together. The partnership aims to help CoreWeave accelerate its buildout of AI infrastructure with 5 gigawatts of capacity by 2030. "From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure, and operations are designed together," said Michael Intrator, the cofounder, chairman, and CEO of CoreWeave, in a press release."
"Nvidia made its latest investment in CoreWeave at a purchase price of $87.20 per share. CoreWeave's share price was up nearly 10% in premarket trading. CoreWeave, which builds data centers full of AI chips known as graphics processing units, or GPUs, has had a close relationship with Nvidia for several years. Nvidia invested about $100 million in CoreWeave in 2023, then acquired more shares around the time of its IPO in March 2025."
Nvidia is buying $2 billion of CoreWeave stock and expanding the companies' partnership to build AI infrastructure. The two firms plan to build "AI factories" together to accelerate CoreWeave's buildout to 5 gigawatts of capacity by 2030. CoreWeave's CEO Michael Intrator said collaboration aligns software, infrastructure, and operations for AI success. Nvidia paid $87.20 per share for the latest stake, and CoreWeave shares rose nearly 10% premarket. Nvidia previously invested about $100 million in 2023 and bought more at CoreWeave's March 2025 IPO. Nvidia also sells GPUs to CoreWeave, raising concerns about circular AI deals.
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