NVIDIA purchased CoreWeave Class A common stock at $87.20 per share to accelerate its buildout of ‘five gigawatts of AI factories by 2030.’
The NVIDIA (NVDA) company has made a sizeable investment in another artificial intelligence infrastructure firm. CoreWeave (CRVW) has announced that NVIDIA is investing $2 billion into its buildout of AI data centers. As NVDIA takes its side of the deal in CoreWeave common stock, CoreWeave plans to use the investment to add “five gigawatts of AI factories by 2030.”
CoreWeave shared the details of the deal with NVIDIA in a press release on its website this week, expanding on what both sides receive. NVIDIA’s $2 billion will go into CoreWeave’s Class A common stock at a purchase price of $87.20 per share. For that investment, CoreWeave will utilize NVIDIA technology and finances to build new AI data centers intended to help the company make its 2030 goal.
We’re expanding our partnership with NVIDIA to build 5GW+ of AI compute capacity by 2030. By combining world-class hardware with CoreWeave Mission Control and SUNK, we’re building the foundation for the next wave of global innovation.
Read more: https://t.co/TzlPERS5Kj
— CoreWeave (@CoreWeave) January 26, 2026
CoreWeave was thrilled to partner with NVIDIA and take in its investment as it prepares to expand and execute on the deal, with CEO Mike Intrator sharing a statement on the occasion:
Meanwhile, NVIDIA CEO Jensen Huang shared that while he doesn’t believe this investment may necessarily complete the five gigawatt by 2030 goal, it’s a start, teasing that further investment may be necessary.
With this, NVIDIA continues to grow its already sizeable hand in the AI industry as the latest of several major investments. As we watch for further updates, stay tuned to the NVIDIA topic for more news.