Nvidia Invests $2B to Boost CoreWeave’s 5GW AI Computing Power
Nvidia announced an investment of $2 billion in CoreWeave, aimed at enhancing the company’s AI computing power. This move will facilitate CoreWeave’s goal of achieving over 5 gigawatts of AI computing capacity by 2030.
Nvidia’s Strategic Investment Details
The investment involves Nvidia purchasing CoreWeave’s Class A shares at a price of $87.20 per share. As part of this collaboration, both companies will work together to establish “AI factories,” which are essentially advanced data centers utilizing Nvidia products.
- Nvidia’s products will include:
- Rubin chip architecture, replacing the existing Blackwell architecture
- Bluefield storage systems
- New CPU line, Vera
CoreWeave’s Financial Overview
CoreWeave has faced scrutiny recently due to its significant debt levels, amounting to $18.81 billion as of September 2025. Despite these concerns, the company reported a revenue of $1.36 billion in the last third quarter.
CEO Michael Intrator has defended the company’s approach, explaining that raising debt while using GPUs as collateral is a viable funding model. He emphasized the importance of collaboration within the AI sector to tackle the shifting dynamics of supply and demand.
Transition and Growth in AI Services
Originally a crypto mining company, CoreWeave pivoted to become a key player in data center services for AI training and inference. The company has rapidly expanded its offerings since its IPO in March 2023, acquiring several companies to diversify its technology stack.
- Recent acquisitions include:
- Weights & Biases (March 2023)
- OpenPipe (reinforcement learning startup)
- Marimo (October 2023, open source Jupyter notebook competitor)
- Monolith (another AI company)
CoreWeave has strengthened its cloud partnerships, notably expanding its collaboration with OpenAI. It currently services several major hyperscalers, including OpenAI, Meta, and Microsoft.
Future Prospects
With this substantial investment from Nvidia, CoreWeave anticipates growth in land acquisition and power infrastructure for its data centers. Nvidia is set to integrate its AI software and architecture into CoreWeave’s reference architecture, enhancing its appeal to cloud providers and enterprises.
Following the announcement, CoreWeave’s shares surged by over 15%, reflecting positive market sentiment regarding the deal. For Nvidia, this latest investment aligns with its ongoing commitment to advance AI technology, maintaining its position as a leader in the rapidly evolving industry.
