Santa Clara-based NVIDIA and CoreWeave, headquartered in Livingston, New Jersey, have announced an expanded partnership aimed at accelerating the construction of more than 5 gigawatts of AI factories by 2030. This initiative is intended to support broader adoption of artificial intelligence worldwide.
As part of the strengthened collaboration, NVIDIA has made a $2 billion investment in CoreWeave Class A common stock at $87.20 per share.
The companies plan to deepen their alignment across infrastructure, software, and platform development to address increasing demand for AI computing power.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” said Jensen Huang, founder and CEO of NVIDIA. “CoreWeave’s deep AI factory expertise, platform software, and unmatched execution velocity are recognized across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories—the foundation of the AI industrial revolution.”
Michael Intrator, co-founder, chairman, and CEO of CoreWeave stated: “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.”
This announcement builds on CoreWeave’s existing capabilities in cloud services and operational expertise that allow clients to run intensive AI workloads efficiently at scale.
