Nvidia Commits Additional $2 Billion Investment in AI Cloud Provider CoreWeave

Nvidia Commits Additional $2 Billion Investment in AI Cloud Provider CoreWeave

January 26, 2026

In a significant move to accelerate the buildout of artificial intelligence infrastructure, chipmaking giant Nvidia has made a further $2 billion equity investment in CoreWeave, a leading specialized AI cloud service provider. This latest capital infusion underscores the deepening strategic partnership between a key enabler of the AI hardware boom and one of its most prominent and rapidly scaling customers, aimed at addressing the overwhelming demand for generative AI compute capacity.

The investment, first reported by Bloomberg and confirmed by the companies, was executed through Nvidia's purchase of CoreWeave's Class A common stock at $87.20 per share. This transaction builds upon a prior $6.3 billion agreement from September 2025, in which Nvidia committed to purchasing unsold compute capacity from CoreWeave. The fresh capital is intended to help CoreWeave expedite its ambitious plan to deploy more than 5 gigawatts of AI-dedicated data center capacity by 2030.

Nvidia's CEO, Jensen Huang, framed the investment as a vote of confidence, stating, “The investment is confidence in their growth and confidence in CoreWeave’s management and confidence in their business model.” He emphasized to Bloomberg that the partnership focuses on aligning the two companies' engineering strategies and rapidly bringing new infrastructure online. As part of the expanded collaboration, Nvidia will also assist CoreWeave with securing land and power for new data centers and will market CoreWeave's offerings to its cloud partners and large enterprise customers.

In a notable shift, Nvidia has also granted CoreWeave early access to its upcoming Vera CPU, a chip typically offered in systems alongside Nvidia's GPUs. While CoreWeave will be among the first to receive the Vera CPU, Huang indicated "there are going to be many" other early recipients.

CoreWeave CEO Mike Intrator revealed to Bloomberg that the $2 billion investment represents roughly two percent of the company's planned expenditure on new infrastructure, implying a total projected spend of approximately $100 billion. “This year, we’re going to deliver an enormous amount of infrastructure, and that’s just going to accelerate over the next three years,” Intrator said. The investment comes as CoreWeave, which filed for an IPO in March 2025, continues its aggressive growth despite reporting operational challenges, including data center project delays and a recent shareholder lawsuit alleging the company misled investors about its capacity delivery capabilities.

The deal further solidifies Nvidia's position as a critical financier and partner to leading AI companies, having also invested in firms like OpenAI, Anthropic, and xAI. This strategy has sparked debate about potential circularity in the AI ecosystem, a notion Huang dismissed as "ridiculous," arguing the investments represent confidence in "generational companies." For the industry, Nvidia's deepening stake in CoreWeave signals a continued blurring of lines between semiconductor supplier, investor, and strategic partner, aiming to ensure that the hardware at the heart of the AI revolution is matched by sufficient, scalable cloud infrastructure to deliver it.

Source: datacenterdynamics