CoreWeave Stock Surges Amid Fresh $2-Billion Nvidia Investment

CoreWeave stock surged more than 15% early Monday after Nvidia said it would invest an additional $2 billion in the AI cloud company, Laura Bratton reported for Yahoo Finance.

The two companies will work together to enhance CoreWeave’s AI-native software, and CoreWeave will deploy “multiple generations” of Nvidia’s AI systems. (Photo: CoreWeave X)

Nvidia said the deal would help CoreWeave build more than five gigawatts of AI factory capacity by 2030.

The two companies will work together to enhance CoreWeave’s AI-native software, and CoreWeave will deploy “multiple generations” of Nvidia’s AI systems, the chipmaker said.

“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” Jensen Huang, founder and CEO of Nvidia, said in a statement. “CoreWeave’s deep AI factory expertise, platform software, and unmatched execution velocity are recognized across the industry.”