CoreWeave, Inc. (CRWV) announced a strategic collaboration with NVIDIA, highlighted by a $2 billion private placement investment from NVIDIA. The partnership is designed to accelerate CoreWeave's development and operation of large-scale 'AI factories' utilizing NVIDIA's computing platform technology to meet growing global demand for AI infrastructure.
Key Details
- Investment Details: NVIDIA purchased 22,935,780 shares of CoreWeave's Class A common stock at $87.20 per share, for a total of $2 billion in cash.
- Strategic Goal: The collaboration aims to accelerate CoreWeave's buildout of more than 5 gigawatts of AI factories by the year 2030.
- Transaction Date: The Securities Purchase Agreement and the private placement were completed on January 23, 2026.