Nvidia, Coreweave
Digest more
The companies said they would build AI factories on Nvidia’s computing-platform technology.
Nvidia purchased $2 billion worth of CoreWeave shares as it expanded its partnership with the cloud company, which will use Nvidia chips.
Shares of most bitcoin miners who have shifted business plans to AI infrastructure fell after Nvidia announced a fresh $2 billion investment in CoreWeave. One analyst says Nvidia’s deepening partnership with CoreWeave could divert GPU access and funding away from independent miners trying to pivot into AI and high-performance computing.
The companies indicated that the expanded collaboration could support the development and operation of AI factories built and run by CoreWeave using Nvidia's accelerated computing platform technology.
Chip maker Nvidia (NVDA) is investing an extra $2 billion in the data-c
Axios on MSN
Nvidia takes $2 billion stake in CoreWeave
Nvidia, the company at the center of the AI boom, said on Monday that it would invest $2 billion in data center company CoreWeave. Why it matters: The investment shows that the AI spending spree is far from slowing,
CoreWeave launched its IPO last March.