NVIDIA issues forward-looking statements on AI and CoreWeave

NVIDIA has expanded its collaboration with CoreWeave to support the development of over 5 gigawatts of AI factories by 2030.

CoreWeave will use NVIDIA’s computing platform to meet growing demand for AI infrastructure.

NVIDIA, in an announcement, noted it has invested $2 billion in CoreWeave through the purchase of Class A common stock at $87.20 per share.

The companies plan to deepen their alignment across infrastructure, software and platform development.

CoreWeave will adopt multiple generations of NVIDIA technology, including the Rubin platform, Vera CPUs and BlueField storage systems. It will also test its SUNK and Mission Control software for possible integration into NVIDIA’s reference architectures.

“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” said Jensen Huang, founder and CEO of NVIDIA.

“CoreWeave’s deep AI factory expertise, platform software and unmatched execution velocity are recognized across the industry.

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"Together, we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution.”

CoreWeave CEO and co-founder Michael Intrator added: “From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure and operations are designed together.”

The Recap

• CoreWeave will use NVIDIA’s computing platform
• NVIDIA invests $2 billion in CoreWeave
• They will align across infrastructure and software