"As the dominant face of artificial intelligence (AI), Nvidia ( NASDAQ:NVDA ) has become an investment proxy for the technology. Buying into Nvidia means you're buying into AI's future growth and NVDA stock is your portfolio's ticket to AI exposure. Yet Nvidia also seeks to shape the future of AI by using its vast resources to direct investments into publicly traded companies that are playing a role in where the technology is heading."
"However, none has been bigger than its investment in CoreWeave ( NASDAQ:CRWV ), which builds data centers tailored for AI workloads. According to Nvidia's recent SEC filings, it has a $3.96 billion stake in the cloud infrastructure provider, a huge increase from the near-$900 million position it held after CoreWeave's March IPO and represents over 90% of Nvidia's total portfolio."
Nvidia serves as a primary investment vehicle for AI exposure while also directing capital into companies shaping AI's future through both Nventures and its in-house portfolio. Nventures typically makes seed investments averaging about $6.5 million and participates in larger funding rounds, including quantum computing plays. Nvidia's largest bet is a $3.96 billion holding in CoreWeave, a cloud infrastructure provider building AI-tailored data centers, which now comprises over 90% of its reported portfolio. CoreWeave shares have more than doubled since the IPO due to surging AI compute demand, though high debt levels and intense competition temper enthusiasm.
Read at 24/7 Wall St.
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