2026-01-26T13:59:57.827Z
- CoreWeave said Nvidia would buy $2 billion worth of its stock.
- The two companies announced Monday that they are expanding their partnership to build AI infrastructure.
- Nvidia has previously invested in one of its customers, CoreWeave.
Nvidia is writing the checkbook again for CoreWeave, buying $2 billion worth of stock in the cloud company.
CoreWeave announced on Monday that in tandem with the investment, the two companies will jointly build an “AI factory.”
The partnership aims to enable CoreWeave to accelerate the construction of AI infrastructure with 5 gigawatts of capacity by 2030.
Michael Intrator, co-founder, chairman and CEO of CoreWeave, said in a press release: “From the beginning, our collaboration has been guided by the simple belief that AI succeeds when software, infrastructure, and operations are designed together.”
Nvidia recently invested in CoreWeave at a purchase price of $87.20 per share.
Coreweave stock rose nearly 10% in premarket trading.
CoreWeave builds data centers packed with AI chips known as graphics processing units (GPUs) and has had a close relationship with Nvidia for several years.
Nvidia invested about $100 million in CoreWeave in 2023, then acquired an additional stake around the time of its IPO in March 2025.
In addition to its equity investment, Nvidia sells its chips to CoreWeave, leading to industry-wide concerns about circular AI deals.
