Tech major NVIDIA has announced a USD 2 billion equity investment in AI cloud-computing company CoreWeave, thereby underscoring the rapidly accelerating pace of infrastructure-led deals across the global AI ecosystem.
Under the agreement, NVIDIA will acquire Class A common stock in CoreWeave and simultaneously deepen a technical and commercial partnership focused on accelerating the development of specialised data centres, commonly known as “AI factories.” In parallel, CoreWeave has set an ambitious target to build more than 5 gigawatts of computing capacity by 2030 to meet surging demand for AI workloads.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” said Jensen Huang, Founder and CEO of NVIDIA. He added that CoreWeave’s expertise in designing AI-optimised data centres and its strong execution track record have earned widespread industry recognition, as both companies work together to address rising global demand for AI infrastructure.
Furthermore, the partnership structure combines direct capital investment with tighter product integration and shared exposure to long-term demand for hardware and cloud services. As a result, the deal highlights the growing strategic importance of access to large-scale computing capacity, particularly as AI models become increasingly complex and resource-intensive.
As part of the collaboration, NVIDIA and CoreWeave will significantly increase coordination across infrastructure and software layers. NVIDIA will support CoreWeave in securing land, power supply, and data centre facilities. At the same time, CoreWeave will test and validate its software platform to enable deeper interoperability. Additionally, the companies may integrate CoreWeave’s software into NVIDIA’s reference architectures.
Meanwhile, CoreWeave plans to deploy multiple generations of NVIDIA hardware across its infrastructure stack. The partnership also aims to broaden access to CoreWeave’s software for global cloud service providers and enterprise customers, thereby extending the platform’s reach beyond its current user base.
Overall, the transaction reflects a broader industry trend often described as a “capital-plus-compute” partnership. In such arrangements, technology providers invest capital or acquire equity stakes in cloud operators or AI developers while securing long-term product integration and, in some cases, guaranteed demand for computing capacity.
Several recent deals illustrate this same pattern. Microsoft and NVIDIA have committed substantial investment tranches to Anthropic, which has agreed to multi-year cloud service purchases. Around the same time, Anthropic expanded its use of Google Cloud’s TPU infrastructure, demonstrating how AI developers increasingly rely on multiple strategic partnerships to secure capacity, flexibility, and pricing advantages.
