By Zev Fima
Publication Date: 2026-01-26 20:14:00
Nvidia on Monday revealed another $2 billion investment in neocloud poster child CoreWeave — the latest in a continuing effort by CEO Jensen Huang to support companies that are enabling what he calls the “five-layer cake” of the artificial intelligence buildout. Monday’s announcement is aimed at helping AI infrastructure company CoreWeave develop more than five gigawatts of data center capacity by 2030 using Nvidia technology inside. These mega data centers, or AI factories as Jensen likes to call them, have peak load equivalents to small cities. CoreWeave has used Nvidia GPUs — graphics processing units, which are the gold standard for AI — and networking products since its founding. As part of the expanded relationship, CoreWeave will implement Nvidia’s Vera CPU, or central processing unit, and its BlueField storage as well. CRWV ALL mountain CoreWeave performance since its IPO in March 2025 Under the deal, CoreWeave issued nearly 22.94 million shares and sold them in a private placement to Nvidia on Friday at $87.20 each. Shortly after Monday’s open, the stock jumped as much as 16.8% to a session-high above $108. The rally cooled a bit later in the day. Nvidia shares were modestly lower. As of September, according to FactSet, Nvidia had already owned 24.28 million CoreWeave shares. Critics may argue that Monday’s disclosure is another example of so-called circular investing, in which Nvidia invests in CoreWeave and CoreWeave turns around and buys Nvidia…
