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Nvidia invests $2bn in CoreWeave in new data centre push

Deal tightens ties with fast-growing ‘neocloud’ group as competition in AI infrastructure intensifies

Nvidia has agreed to invest $2bn in cloud computing provider CoreWeave, in the latest example of how the chipmaker is using the profits from its AI dominance to support some of its biggest customers.

The two companies said on Monday that the deal would help CoreWeave to accelerate construction of specialised data centres — which Nvidia calls “AI factories” — by 2030.

“CoreWeave’s deep AI factory expertise, platform software and unmatched execution velocity are recognised across the industry,” said Jensen Huang, chief executive of Nvidia.

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