NVIDIA Invests $2 Billion in Coreweave

<p style&equals;"font-weight&colon; 400&semi;"><span data-contrast&equals;"auto">NVIDIA announced an expansion of its relationship with New Jersey-based CoreWeave to accelerate the buildout of more than 5 gigawatts of AI factories by 2030 to advance AI adoption at global scale&period; <&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"auto">NVIDIA said it will invest &dollar;2 billion in CoreWeave Class A common stock at a purchase price of &dollar;87&period;20 per share&period; The investment reflects NVIDIA’s confidence in CoreWeave’s business&comma; team and growth strategy as a cloud platform built on NVIDIA infrastructure&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&comma;&quot&semi;335559685&quot&semi;&colon;-720&rcub;"> <&sol;span><&sol;p>&NewLine;<p>According to an SEC filing&comma; NVIDIA has 47&comma;213&comma;353 shares in Coreweave for an 11&period;5&percnt; stake in the company&period;<&sol;p>&NewLine;<p><span data-contrast&equals;"auto">Demand for AI continues to grow exponentially and the need for compute has never been greater&period; To help meet this demand&comma; NVIDIA and CoreWeave are deepening their infrastructure&comma; software and platform alignment&period; The companies intend to&colon;  <&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&comma;&quot&semi;335559685&quot&semi;&colon;-720&rcub;"> <&sol;span><&sol;p>&NewLine;<ul style&equals;"font-weight&colon; inherit&semi;">&NewLine;<li style&equals;"font-weight&colon; inherit&semi;" aria-setsize&equals;"-1" data-aria-level&equals;"1" data-aria-posinset&equals;"1" data-font&equals;"" data-leveltext&equals;"●" data-list-defn-props&equals;"&lbrace;&quot&semi;335552541&quot&semi;&colon;1&comma;&quot&semi;335559685&quot&semi;&colon;720&comma;&quot&semi;335559991&quot&semi;&colon;360&comma;&quot&semi;469769242&quot&semi;&colon;&lbrack;8226&rsqb;&comma;&quot&semi;469777803&quot&semi;&colon;&quot&semi;left&quot&semi;&comma;&quot&semi;469777804&quot&semi;&colon;&quot&semi;●&quot&semi;&comma;&quot&semi;469777815&quot&semi;&colon;&quot&semi;multilevel&quot&semi;&rcub;" data-listid&equals;"1"><span data-contrast&equals;"none">Build AI factories developed and operated by CoreWeave using NVIDIA<&sol;span><span data-contrast&equals;"auto">’s<&sol;span><span data-contrast&equals;"none"> leading accelerated computing platform technology to meet customer demand&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&comma;&quot&semi;335572071&quot&semi;&colon;0&comma;&quot&semi;335572072&quot&semi;&colon;0&comma;&quot&semi;335572073&quot&semi;&colon;4278190080&comma;&quot&semi;335572075&quot&semi;&colon;0&comma;&quot&semi;335572076&quot&semi;&colon;0&comma;&quot&semi;335572077&quot&semi;&colon;4278190080&comma;&quot&semi;335572079&quot&semi;&colon;0&comma;&quot&semi;335572080&quot&semi;&colon;0&comma;&quot&semi;335572081&quot&semi;&colon;4278190080&comma;&quot&semi;335572083&quot&semi;&colon;0&comma;&quot&semi;335572084&quot&semi;&colon;0&comma;&quot&semi;335572085&quot&semi;&colon;4278190080&comma;&quot&semi;335572087&quot&semi;&colon;0&comma;&quot&semi;335572088&quot&semi;&colon;0&comma;&quot&semi;335572089&quot&semi;&colon;4278190080&comma;&quot&semi;469789798&quot&semi;&colon;&quot&semi;nil&quot&semi;&comma;&quot&semi;469789802&quot&semi;&colon;&quot&semi;nil&quot&semi;&comma;&quot&semi;469789806&quot&semi;&colon;&quot&semi;nil&quot&semi;&comma;&quot&semi;469789810&quot&semi;&colon;&quot&semi;nil&quot&semi;&comma;&quot&semi;469789814&quot&semi;&colon;&quot&semi;nil&quot&semi;&rcub;"> <&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<ul style&equals;"font-weight&colon; inherit&semi;">&NewLine;<li style&equals;"font-weight&colon; inherit&semi;" aria-setsize&equals;"-1" data-aria-level&equals;"1" data-aria-posinset&equals;"2" data-font&equals;"" data-leveltext&equals;"●" data-list-defn-props&equals;"&lbrace;&quot&semi;335552541&quot&semi;&colon;1&comma;&quot&semi;335559685&quot&semi;&colon;720&comma;&quot&semi;335559991&quot&semi;&colon;360&comma;&quot&semi;469769242&quot&semi;&colon;&lbrack;8226&rsqb;&comma;&quot&semi;469777803&quot&semi;&colon;&quot&semi;left&quot&semi;&comma;&quot&semi;469777804&quot&semi;&colon;&quot&semi;●&quot&semi;&comma;&quot&semi;469777815&quot&semi;&colon;&quot&semi;multilevel&quot&semi;&rcub;" data-listid&equals;"1"><span data-contrast&equals;"auto">Leverage NVIDIA’s financial strength to accelerate CoreWeave’s procurement of land&comma; power and shell to build AI factories&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;201341983&quot&semi;&colon;0&comma;&quot&semi;335559740&quot&semi;&colon;301&rcub;"> <&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<ul style&equals;"font-weight&colon; inherit&semi;">&NewLine;<li style&equals;"font-weight&colon; inherit&semi;" aria-setsize&equals;"-1" data-aria-level&equals;"1" data-aria-posinset&equals;"3" data-font&equals;"" data-leveltext&equals;"●" data-list-defn-props&equals;"&lbrace;&quot&semi;335552541&quot&semi;&colon;1&comma;&quot&semi;335559685&quot&semi;&colon;720&comma;&quot&semi;335559991&quot&semi;&colon;360&comma;&quot&semi;469769242&quot&semi;&colon;&lbrack;8226&rsqb;&comma;&quot&semi;469777803&quot&semi;&colon;&quot&semi;left&quot&semi;&comma;&quot&semi;469777804&quot&semi;&colon;&quot&semi;●&quot&semi;&comma;&quot&semi;469777815&quot&semi;&colon;&quot&semi;multilevel&quot&semi;&rcub;" data-listid&equals;"1"><span data-contrast&equals;"auto">Test and validate CoreWeave’s AI-native software and reference architecture&comma; including SUNK and CoreWeave Mission Control&comma; to unlock deeper interoperability and work towards including those offerings within NVIDIA’s reference architectures for NVIDIA’s cloud partners and enterprise customers&period;<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&rcub;"> <&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<ul style&equals;"font-weight&colon; inherit&semi;">&NewLine;<li style&equals;"font-weight&colon; inherit&semi;" aria-setsize&equals;"-1" data-aria-level&equals;"1" data-aria-posinset&equals;"4" data-font&equals;"" data-leveltext&equals;"●" data-list-defn-props&equals;"&lbrace;&quot&semi;335552541&quot&semi;&colon;1&comma;&quot&semi;335559685&quot&semi;&colon;720&comma;&quot&semi;335559991&quot&semi;&colon;360&comma;&quot&semi;469769242&quot&semi;&colon;&lbrack;8226&rsqb;&comma;&quot&semi;469777803&quot&semi;&colon;&quot&semi;left&quot&semi;&comma;&quot&semi;469777804&quot&semi;&colon;&quot&semi;●&quot&semi;&comma;&quot&semi;469777815&quot&semi;&colon;&quot&semi;multilevel&quot&semi;&rcub;" data-listid&equals;"1"><span data-contrast&equals;"auto">Deploy multiple generations of NVIDIA infrastructure across CoreWeave’s platform through early adoption of NVIDIA computing architectures&comma; including the NVIDIA Rubin platform&comma; NVIDIA Vera CPUs and NVIDIA BlueField storage systems&period;<&sol;span><&sol;li>&NewLine;<&sol;ul>&NewLine;<p><span data-contrast&equals;"auto">&OpenCurlyDoubleQuote;AI is entering its next frontier and driving the largest infrastructure buildout in human history&comma;” said Jensen Huang&comma; founder and CEO of NVIDIA&period; &OpenCurlyDoubleQuote;CoreWeave’s deep AI factory expertise&comma; platform software and unmatched execution velocity are recognized across the industry&period; Together&comma; we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution&period;”<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&comma;&quot&semi;335559685&quot&semi;&colon;-720&rcub;"> <&sol;span><&sol;p>&NewLine;<p><span data-contrast&equals;"auto">&OpenCurlyDoubleQuote;From the very beginning&comma; our collaboration has been guided by a simple conviction&colon; AI succeeds when software&comma; infrastructure and operations are designed together&comma;” said Michael Intrator&comma; co-founder&comma; chairman and CEO of CoreWeave&period; &OpenCurlyDoubleQuote;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&period; 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&period;”<&sol;span><span data-ccp-props&equals;"&lbrace;&quot&semi;335557856&quot&semi;&colon;16777215&comma;&quot&semi;335559685&quot&semi;&colon;-720&rcub;"> <&sol;span><&sol;p>&NewLine;

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