Nvidia invests $2bn in CoreWeave, plans over 5GW of AI factories by 2030

Nvidia and CoreWeave announced an expanded collaboration under which Nvidia bought $2bn of CoreWeave Class A stock at $87.20 a share, and the two companies committed to building out more than 5 gigawatts of AI data-centre capacity by 2030. CoreWeave is one of the largest “neocloud” operators renting GPU capacity to AI labs, and runs its infrastructure predominantly on Nvidia hardware.

The companies said the arrangement would let CoreWeave draw on Nvidia’s financial resources to accelerate procurement of land, power and construction for new sites, while giving Nvidia a testbed to validate CoreWeave’s software stack and reference architecture ahead of shipping future hardware generations, including its Rubin GPU platform, Vera CPUs and BlueField storage systems. Nvidia chief executive Jensen Huang framed it as part of what he called “the largest infrastructure buildout in human history.”

The deal extended a pattern from 2025, in which Nvidia had taken equity stakes in and made supply commitments to several of the cloud and infrastructure companies that in turn buy its chips — arrangements critics argued blurred the line between customer financing and organic demand for GPU capacity, since Nvidia’s investment helps fund the very data centres that will purchase Nvidia hardware.