NVIDIA and CoreWeave have announced an expanded collaboration to accelerate the construction of more than 5 gigawatts of AI factories by 2030. As part of the agreement, NVIDIA invested $2 billion in CoreWeave by purchasing Class A common stock at $87.20 per share, signaling confidence in CoreWeave’s cloud platform built on NVIDIA systems. The companies will align infrastructure, software, and platforms to speed development, including NVIDIA-backed support for CoreWeave’s acquisition of land, power, and facilities needed to bring new capacity online.
The partnership calls for CoreWeave to design and operate AI factories using NVIDIA accelerated computing, while testing and validating CoreWeave’s AI-native software and reference architecture for potential inclusion in NVIDIA frameworks. The plan also includes early deployment of multiple generations of NVIDIA technology across Rubin platforms, Vera CPUs, and BlueField storage.
Jensen Huang, Founder and CEO of NVIDIA, said, “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.” CoreWeave CEO Michael Intrator added, “From the very beginning, our collaboration has been guided by a simple conviction, AI succeeds when software, infrastructure, and operations are designed together,” noting strong customer demand as AI systems move into large-scale production.