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BTCC / BTCC Square / Global Cryptocurrency /
Nvidia Doubles Down on CoreWeave with $2B Investment Amid AI Infrastructure Boom

Nvidia Doubles Down on CoreWeave with $2B Investment Amid AI Infrastructure Boom

Author:
Global Cryptocurrency
Published:
2026-02-02 12:55:02
18
1
BTCCSquare news:

Nvidia has cemented its bet on AI infrastructure by injecting an additional $2 billion into CoreWeave, raising its stake to 11.5% of the GPU-as-a-service provider. The MOVE signals intensifying demand for scalable AI compute solutions as CoreWeave reports a 100% quarterly revenue surge to $1.3 billion.

The company's $55.6 billion contract backlog reveals extraordinary market appetite for its on-demand Nvidia GPU access model. CoreWeave plans to deploy its war chest aggressively, with $1.9 billion in recent capex and ambitions to build 5 gigawatts of AI data center capacity by 2030.

While financials show strain from rapid expansion—operating income dwindled to $43.6 million against $841.4 million in interest expenses—the Nvidia endorsement validates CoreWeave's position as critical infrastructure for the AI revolution. The deal represents a strategic alignment between the chipmaker and its largest portfolio holding.

|Square

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