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Nvidia Invests $2B in CoreWeave to Expand AI Data Centres

Nvidia has invested $2 billion in cloud infrastructure provider CoreWeave, nearly doubling its stake in the company and strengthening its foothold in AI-focused computing. The investment, priced at $87.20 per share, comes as global demand for AI data centre capacity surges.

Strategic Partnership Expansion

Alongside the investment, Nvidia and CoreWeave have expanded their strategic collaboration to accelerate CoreWeave’s AI data centre build-out. The company plans to develop over 5 gigawatts of AI computing capacity by 2030, with Nvidia’s funding supporting land acquisition, power infrastructure, and R&D projects.

CoreWeave CEO Michael Intrator emphasized the rising demand for AI infrastructure, stating, “Nvidia is the leading and most requested computing platform at every phase of AI. This expanded collaboration underscores the strength of demand we are seeing across our customer base.”

AI Infrastructure Boom

CoreWeave is part of a growing cohort of “neoclouds” providing essential infrastructure for companies deploying AI systems. The new investment enables CoreWeave to accelerate growth and maintain competitiveness in a rapidly expanding market.

The company clarified that the $2 billion will not be used to purchase Nvidia processors. Instead, the funds will focus on scaling data centres, workforce expansion, and research initiatives.

Industry Implications

The move further solidifies Nvidia’s position in AI cloud computing, ensuring that it remains a critical partner for enterprises seeking advanced AI infrastructure. As AI adoption accelerates across industries, investments like these highlight the increasing strategic value of neoclouds in global technology ecosystems.

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