NVIDIA Expands AI Cloud Landscape, Invests $2 Billion in CoreWeave

New York: NVIDIA has stepped up its push into AI infrastructure by making a $2 billion equity investment in US-based cloud provider CoreWeave, highlighting the growing demand for large-scale computing needed to power advanced AI systems.

The investment was made through the purchase of Class A common stock priced at $87.20 per share.

The expanded partnership aims to speed up the creation of massive AI-focused data centres, often referred to as AI factories. CoreWeave plans to significantly scale its footprint over the next few years, targeting more than 5 gigawatts of AI capacity by 2030, built around NVIDIA’s accelerated computing platforms.

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Commenting on the collaboration, Michael Intrator, co-founder, chairman and CEO of CoreWeave, said, “From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure and operations are designed together. 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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As part of the agreement, CoreWeave will integrate several generations of NVIDIA technologies into its cloud offerings, including upcoming platforms such as Rubin, Vera CPUs, and BlueField storage. NVIDIA will also assist with securing critical resources like power and land to help accelerate data centre buildouts.

Beyond infrastructure, the two companies will work closely on software validation. CoreWeave’s internal platforms, including Mission Control, will be tested alongside NVIDIA’s reference designs for use by enterprises and cloud providers globally.

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Jensen Huang, founder and CEO of NVIDIA, said, “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 recognised across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories, the foundation of the AI industrial revolution.”

The investment further cements NVIDIA’s influence across the fast-expanding AI cloud landscape.