#What Strategic Move Did CoreWeave Make to Strengthen Its Position?
CoreWeave, a prominent cloud computing company based in the US that specializes in GPU-accelerated infrastructure for artificial intelligence, recently announced it has successfully raised $2 billion through an equity investment from NVIDIA. This strategic move reflects a strong vote of confidence in CoreWeave’s business model and growth ambitions within the cloud sector.
Following the announcement of this investment, CoreWeave shares saw a 10% increase during pre-market trading. NVIDIA invested in CoreWeave’s Class A common stock at a price of $87.2 per share. This partnership is significant due to its alignment with NVIDIA’s cutting-edge technology, which CoreWeave utilizes to enhance its offerings in artificial intelligence, high-performance computing, machine learning, and rendering workloads.
#How Has CoreWeave's Collaboration With NVIDIA Evolved Over Time?
The relationship between CoreWeave and NVIDIA has matured since its inception in late 2020 when CoreWeave joined NVIDIA’s Cloud Service Provider Program, enabling it to integrate NVIDIA GPUs into its cloud infrastructure. Over time, the partnership deepened, culminating in a landmark $6.3 billion cloud-capacity agreement in 2025, marking one of the largest transactions within the cloud infrastructure market.
In a continuation of their collaboration, CoreWeave also announced an expansion aimed at bolstering the development of over 5 gigawatts of AI factories by the year 2030. The emphasis will be on leveraging advanced NVIDIA infrastructure, including the Rubin platform, Vera CPUs, and BlueField networking and storage systems to support this significant scale-up in operations.
#What Does This Expansion Mean for CoreWeave’s Future?
NVIDIA's support will not only boost CoreWeave’s infrastructure capabilities but will also aid in the essential procurement of land, power, and facilities necessary for expanding its operations. This strategic framework positions CoreWeave well to meet the surging demand for AI infrastructure, as artificial intelligence continues to reshape industries.
CoreWeave’s leadership underscored that this growing cooperation highlights substantial demand from its customer base as AI technologies evolve into large-scale production systems. The companies are also working together to assess CoreWeave’s AI-native software solutions, with the aim of potentially incorporating them into NVIDIA’s reference architecture tailored for cloud partners and enterprise clientele.