NasdaqGS:CRWVIT
Why CoreWeave (CRWV) Is Up 14.3% After NVIDIA’s $2 Billion AI Factory Equity Deal
Earlier this week, NVIDIA and CoreWeave announced an expanded collaboration under which NVIDIA invested US$2.00 billion at US$87.20 per share to help CoreWeave build more than 5 gigawatts of AI “factories” by 2030 using NVIDIA’s accelerated computing platforms.
A distinctive aspect of the deal is NVIDIA’s plan to test and validate CoreWeave’s AI-native software and potentially fold it into NVIDIA reference architectures, deepening CoreWeave’s integration into the broader AI infrastructure...