Nvidia has announced a $2 billion investment in CoreWeave, a data center company specializing in AI infrastructure, to accelerate the development of over 5 gigawatts of AI computing capacity by 2030. The investment, made at $87.20 per share, strengthens an already close partnership between the two companies. As part of the deal, Nvidia and CoreWeave plan to co-build “AI factories”—high-performance data centers powered by Nvidia’s latest technologies, including the upcoming Rubin chip architecture, which is set to succeed the current Blackwell platform. CoreWeave will also integrate Nvidia’s Bluefield storage systems and Vera CPU line across its platform, aligning its infrastructure with Nvidia’s reference architecture for cloud providers and enterprise clients. The move underscores Nvidia’s strategy of deepening its ecosystem by backing key players in the AI supply chain. For CoreWeave, the investment provides crucial financial support as it expands rapidly amid growing demand for AI compute. Since transitioning from a crypto mining operation to an AI-focused cloud provider, CoreWeave has made significant strides, including a successful IPO in March 2025 and a series of strategic acquisitions—such as AI developer platform Weights & Biases, reinforcement learning startup OpenPipe, and open-source notebook competitor Marimo. The company has also strengthened its ties with major AI players, including OpenAI. Despite its growth, CoreWeave has faced scrutiny over its heavy reliance on debt financing, with $18.81 billion in debt obligations as of September 2025. The company’s business model involves using its GPU assets as collateral to secure funding, a practice that has raised concerns about circular deals in the AI sector. However, CoreWeave CEO Michael Intrator defends the approach, arguing that rapid scaling requires collaboration across the industry to meet the “violent change in supply and demand” driven by AI. Nvidia’s support is seen as a vote of confidence in CoreWeave’s ability to deliver on its infrastructure goals. Jensen Huang, Nvidia’s CEO, described the partnership as essential to building the “foundation of the AI industrial revolution.” He emphasized that AI success depends on tightly integrated software, hardware, and operations—exactly the model CoreWeave has been building. The investment has already boosted investor confidence: CoreWeave’s shares rose over 15% following the announcement. The company currently serves major hyperscalers like OpenAI, Meta, and Microsoft, and the expanded collaboration will help it scale faster and better serve enterprise and cloud customers. This deal is one of dozens Nvidia has made in the past year to fuel AI infrastructure growth. As the demand for AI compute continues to surge, Nvidia is positioning itself not just as a chipmaker but as a central architect of the AI ecosystem. By investing in companies like CoreWeave, Nvidia ensures access to critical infrastructure while helping to solve the industry’s biggest bottleneck—scaling compute capacity. Still, challenges remain. The long-term sustainability of debt-heavy models and concerns over market concentration persist. However, with Nvidia’s backing and a clear roadmap to 5 gigawatts of AI capacity by 2030, CoreWeave is poised to play a pivotal role in the next phase of the AI boom.