Nvidia invests $2B in CoreWeave

Nvidia has invested $2 billion in CoreWeave, strengthening its strategic partnership with the AI infrastructure provider. The transaction is set to accelerate the construction of data centers in the United States. Nvidia purchased $2 billion worth of CoreWeave shares, becoming the company's second-largest shareholder. The funds from Nvidia are intended to speed up infrastructure investments, including land acquisition and securing the power supplies necessary for building data centers. CoreWeave anticipates achieving over 5 gigawatts of capacity in AI-dedicated data centers by 2030. The company has undergone a significant business model transformation, shifting from operating as a cryptocurrency miner to leasing computational power based on Nvidia's GPUs. It now serves clients in the technology and AI sectors, meeting the growing demand for specialized infrastructure. CoreWeave emphasizes that the new funding will not be used to purchase Nvidia processors; instead, the capital will support other aspects of development, including research and development and team scaling. According to CoreWeave's management, the expanded collaboration with Nvidia confirms the sustained high demand for computing platforms used at all stages of developing and deploying artificial intelligence solutions