CoreWeave Rises with Nvidia's 2 Billion Dollars

CoreWeave's Shares on the Rise

CoreWeave shares rose approximately 9% in pre-market trading following Nvidia's $2 billion investment in the AI-focused cloud company. This new funding is aimed at supporting CoreWeave in establishing over 5 gigawatts of dedicated AI data centers by the end of the decade.

The investment further deepens the long-standing partnership between Nvidia and CoreWeave. The two companies will collaborate on hardware, software, and data center strategies and will explore the potential for integrating CoreWeave's Mission Control resource planning platform into Nvidia's ecosystem by testing the system.