Nvidia Invests $2B in CoreWeave to Boost AI Infrastructure

Nvidia announced a $2 billion equity investment in CoreWeave on Monday, deepening their partnership to accelerate the construction of more than five gigawatts of AI data center capacity by 2030. The deal sent CoreWeave's shares surging, with the stock closing up 5.73 percent at $98.31 after trading volume hit 48.5 million shares, well above its three-month average.

The investment came through Nvidia's purchase of approximately 23 million Class A common shares at $87.20 each, nearly doubling its previous stake from 6.3 percent to over 10 percent and making it CoreWeave's second-largest shareholder. CoreWeave, a cloud computing provider specializing in GPU-accelerated infrastructure for AI workloads, will use the funds to expedite procurement of land, power, and facilities for what the companies describe as AI factories. These data centers will integrate multiple generations of Nvidia hardware, including the upcoming Rubin chip architecture, Vera CPUs, and BlueField networking and storage systems.

The expanded collaboration builds on a relationship that began in late 2020 when CoreWeave joined Nvidia's Cloud Service Provider Program. In September 2025, the companies signed a $6.3...