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NVIDIA invests $2 billion in CoreWeave to accelerate buildout of AI factories

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NVIDIA CoreWeave
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NVIDIA and CoreWeave recently announced an expansion of their long-standing complementary relationship with the aim of enabling CoreWeave to accelerate the buildout of more than 5 gigawatts of AI factories by 2030 to advance AI adoption at a global scale. 

In addition, NVIDIA has invested $2 billion in CoreWeave Class A common stock at a purchase price of $87.20 per share. The investment reflects NVIDIA’s confidence in CoreWeave’s business.

“AI is entering its next frontier and driving the largest infrastructure buildout in human history. CoreWeave’s deep AI factory expertise, platform software and unmatched execution velocity are recognized across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA.

NVIDIA and CoreWeave deepen infrastructure, software and platform alignment

Demand for AI continues to grow exponentially, and the need for compute has never been greater. To help meet this demand, NVIDIA and CoreWeave are deepening their infrastructure, software and platform alignment. The companies seek to build AI factories developed and operated by CoreWeave using NVIDIA’s accelerated computing platform technology to meet customer demand. 

They also aim to leverage NVIDIA’s financial strength to accelerate CoreWeave’s procurement of land, power and shell to build AI factories. In addition, the two companies will test and validate CoreWeave’s AI-native software and reference architecture, including SUNK and CoreWeave Mission Control, to unlock deeper interoperability and work towards including those offerings within NVIDIA’s reference architectures for NVIDIA’s cloud partners and enterprise customers. 

Finally, they will deploy multiple generations of NVIDIA infrastructure across CoreWeave’s platform through early adoption of NVIDIA computing architectures, including the NVIDIA Rubin platform, NVIDIA Vera CPUs and NVIDIA BlueField storage systems.

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Advancing AI adoption at scale

The collaboration builds on CoreWeave’s purpose-built cloud, software and operational expertise, extending proven capabilities that enable customers to run the most demanding AI workloads efficiently, reliably and at scale. 

“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, co-founder, chairman and CEO of CoreWeave.

“NVIDIA is the leading and most requested computing platform at every phase of AI — from pre-training to post-training — and Blackwell provides the lowest cost architecture for inference. This expanded collaboration underscores the strength of demand we are seeing across our customer base and the broader market signals as AI systems move into large-scale production.” 

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