CoreWeave Stock Jumps 15% on Nvidia’s $2B AI Infrastructure Bet
Nvidia's latest $2 billion investment in CoreWeave signals accelerating demand for AI infrastructure. The cloud computing firm's shares surged 15% as the chipmaker's total stake surpassed $5 billion. This capital injection will fund over five gigawatts of AI factory capacity by 2030.
The partnership includes co-development of AI-native software and deployment of Nvidia's next-generation hardware. CoreWeave will integrate multiple iterations of Nvidia systems as demand for AI workloads grows exponentially. "We're witnessing the largest infrastructure buildout in human history," said Nvidia CEO Jensen Huang, praising CoreWeave's execution velocity.
While CRWV stock gained 40% year-to-date, Nvidia shares dipped slightly amid the announcement. The collaboration underscores how traditional tech giants are anchoring their AI strategies with specialized cloud providers.
