CoreWeave and NVIDIA expanded their collaboration to accelerate AI factory development and meet global demand. CoreWeave plans to build over 5 GW of AI facilities by 2030. These facilities will leverage NVIDIA's full accelerated computing platform.
NVIDIA invested $2 billion in CoreWeave's Class A common stock. NVIDIA purchased the shares at $87.20 each.
The collaboration involves testing and integrating CoreWeave’s AI-native software and reference architecture within NVIDIA’s ecosystem. The announcement generated a strong positive market reaction.