NVIDIA Invests $2 Billion in CoreWeave, Boosting CRWV Stock
- CoreWeave raised $2 billion through an equity investment from NVIDIA.
- CoreWeave shares (CRWV) increased by 10% in pre-market trading following the announcement.
- NVIDIA acquired CoreWeave’s Class A common stock at $87.2 per share.
- The companies have expanded their partnership to build over 5 gigawatts of AI factories by 2030.
- CoreWeave will integrate multiple generations of NVIDIA infrastructure, including Rubin platform and Vera CPUs.
CoreWeave’s collaboration with NVIDIA has deepened with a $2 billion investment, causing a significant rise in its stock price. The partnership aims to accelerate AI factory development using advanced NVIDIA technology.
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