TechCrunch reported on Jan. 26 that Nvidia will invest $2 billion in AI cloud company CoreWeave.
Nvidia bought CoreWeave Class A shares at $87.20 per share through the investment. The two companies will jointly build 'AI factory' data centres using Nvidia chips. CoreWeave plans to integrate the Rubin architecture, Bluefield storage systems and the Vera CPU line into its platform.
CoreWeave has recently increased its debt by billions of dollars to expand data centres, sparking controversy over its financial soundness. As of September 2025, it had $18.81 billion in debt, while third-quarter revenue was tallied at $1.36 billion.
CoreWeave pursued an IPO after shifting from cryptocurrency mining to AI data centre services, and it is continuing mergers and acquisitions to strengthen its technology stack. It acquired Weights & Biases, reinforcement learning startup OpenPipe, Marimo, an open-source Jupyter Notebook competitor, and AI company Monolith. It also expanded its cloud partnership with OpenAI. Major customers include OpenAI, Meta and Microsoft.
CoreWeave shares rose more than 15 percent after the investment news.
Chi-gyu Hwang
delight@d-today.co.kr