Just the two of us, NVIDIA invests $2 billion to expand AI partnership with CoreWeave (NASDAQ: CRWV)

CoreWeave (NASDAQ: CRWV) stock rose 10% Monday morning after NVIDIA (NASDAQ:NVDA) announced a $2 billion investment in the company to expand their AI infrastructure partnership.

NVIDIA purchased CoreWeave Class A common stock at $87.20 per share as part of a broader collaboration to accelerate the buildout of more than 5 gigawatts of AI factories by 2030. The investment reflects NVIDIA’s confidence in CoreWeave’s business model and growth strategy as a cloud platform built on NVIDIA infrastructure.

The expanded partnership will focus on building AI factories using NVIDIA’s accelerated computing platform technology, with CoreWeave handling development and operations. NVIDIA will leverage its financial strength to help CoreWeave accelerate procurement of land, power, and shell infrastructure.

The companies will also test and validate CoreWeave’s AI-native software and reference architecture, including SUNK and CoreWeave Mission Control, aiming to include these offerings within NVIDIA’s reference architectures for cloud partners and enterprise customers.

Additionally, CoreWeave will deploy multiple generations of NVIDIA infrastructure across its platform through early adoption of NVIDIA computing architectures, including the Rubin platform, Vera CPUs, and Bluefield storage systems.