Nvidia invests $2B to help debt-ridden CoreWeave add 5GW of AI compute

Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company’s efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company’s Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build “AI factories” (data centers) that would use the chipmaker’s products. CoreWeave will also integrate Nvidia’s products across its platform, including the new Rubin chip architecture (set to replace the current Blackwell architecture), Bluefield storage systems, as well as the chipmaker’s new CPU line, Vera. The deal is a strong show of support for CoreWeave, which has come under scrutiny over the past few months for…

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