Nvidia invests $2B in CoreWeave for 5GW AI capacity
Nvidia invested $2 billion in CoreWeave on Monday to accelerate the data-center company’s addition of more than 5 gigawatts of AI computing capacity by 2030. The chipmaker purchased Class A shares at $87.20 per share and plans joint construction of AI factories using Nvidia products.
Nvidia, which already held a stake in CoreWeave, deepened its involvement through this transaction. The investment supports CoreWeave’s expansion of data-center infrastructure tailored for AI workloads. CoreWeave committed to integrating Nvidia’s latest technologies across its platform. These include the Rubin chip architecture, designed to succeed the current Blackwell architecture, along with Bluefield storage systems and the Vera CPU line.
CoreWeave has drawn attention for its financing approach amid rapid growth. As of September 2025, PitchBook data records $18.81 billion in debt obligations. The company generated $1.36 billion in revenue during the third quarter. CEO Michael Intrator justified the model of raising debt secured by GPUs as collateral. He stated that companies must “work together” to manage a “violent change in supply and demand.”
CoreWeave originated as a crypto mining operation before shifting to data-center services for AI training and inference. This pivot positioned it to capitalize on rising AI demand. The company completed its initial public offering in March of the previous year. Post-IPO, CoreWeave pursued multiple acquisitions to strengthen its offerings.
In March, it acquired Weights & Biases, a platform for AI developers. Shortly afterward, CoreWeave bought OpenPipe, a startup focused on reinforcement learning. During October, agreements covered Marimo, a competitor to open-source Jupyter notebooks, and Monolith, another AI-focused entity.
CoreWeave serves major clients among hyperscalers, including OpenAI, Meta, and Microsoft. It recently broadened its cloud partnership with OpenAI, enhancing service delivery for these customers.
Beyond the investment, Nvidia will assist CoreWeave in securing land and power resources for new data centers. The partners aim to embed CoreWeave’s AI software and architecture into Nvidia’s reference designs. These designs target cloud providers and enterprise users.
CoreWeave’s shares increased by more than 15 percent in response to the announcement. For Nvidia, this represents one of dozens of investments made over the past year. The chipmaker deploys these funds to support ongoing development and deployment of AI technologies.