CoreWeave says Nvidia has its back on data center financing

CoreWeave says Nvidia has its back on data center financing

By Daniel Geiger
Publication Date: 2026-02-26 17:25:00

In a call with analysts late last month, a CoreWeave executive said it will use Nvidia as a guarantor of its lease payments in order to help secure financing for the buildout of data centers it will occupy, an analyst who listened to the call told Business Insider.

Alex Platt, a research analyst at D.A. Davidson who covers CoreWeave, said that a company executive likened the arrangement to a recent guarantee Google had extended to a partner to allow construction financing to be raised for a data center Google will occupy.

The guarantee of lease payments would be another major line of financial support from Nvidia to help CoreWeave manage the immense costs of building artificial intelligence infrastructure. The chipmaking giant has also purchased billions of dollars of CoreWeave shares and, last year, agreed to buy up to $6.3 billion of CoreWeave computing capacity if CoreWeave is unable to sell it to clients.

CoreWeave’s disclosure to analysts that Nvidia would assist in bankrolling its ambitious data center buildout came on the day that the two companies announced that Nvidia had bought $2 billion of CoreWeave stock and would “accelerate” CoreWeave’s goal of rapidly scaling its artificial intelligence computing portfolio.

“In addition to continuing to procure our own capacity, CoreWeave will selectively partner with NVIDIA and leverage NVIDIA’s financial strength to accelerate our procurement of land, power, shell, to try to better keep pace…