US-based chip manufacturing giant NVIDIA announced it is deepening its partnership with CoreWeave amid global demand for AI infrastructure. As part of the expanded collaboration, NVIDIA has invested $2 billion in CoreWeave by purchasing Class A common stock at $87.20 per share.
The two companies plan to accelerate the rollout of large-scale AI data centres, often referred to as “AI factories.” CoreWeave aims to build more than 5 gigawatts of AI capacity by 2030, using NVIDIA’s latest accelerated computing platforms.
“From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure and operations are designed together. NVIDIA is the leading and most requested computing platform at every phase of AI — from pre-training to post-training — and Blackwell provides the lowest cost architecture for inference. This expanded collaboration underscores the strength of demand we are seeing across our customer base and the broader market signals as AI systems move into large-scale production,” says Michael Intrator, co-founder, chairman and CEO of CoreWeave.
What’s the agreement?
Under the agreement, CoreWeave will deploy multiple generations of NVIDIA hardware across its cloud platform, including future systems such as the Rubin platform, Vera CPUs, and BlueField storage technologies.
The US tech giant will also support CoreWeave in securing land, power, and physical infrastructure needed to speed up construction. Beyond hardware, the collaboration extends to software as well. CoreWeave’s AI-native tools, including its Mission Control platform and internal software stack, will be tested and validated alongside NVIDIA’s reference architectures.
The goal is to make these tools available to cloud service providers and enterprise customers worldwide.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history. CoreWeave’s deep AI factory expertise, platform software and unmatched execution velocity are recognised across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA.
The deal builds on CoreWeave’s reputation as a purpose-built cloud provider for AI workloads. Since going public in 2025, the company has positioned itself as a key infrastructure partner for AI labs, startups, and large enterprises running compute-intensive models at scale.
For NVIDIA, the investment strengthens its influence across the AI cloud ecosystem, ensuring its chips, software, and reference designs remain central to the next wave of AI infrastructure worldwide.
