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Nvidia, CoreWeave Expand Partnership To Over Buildout Of More Than 5 Gigawatts Of AI Factories By 2030
NVIDIA (NASDAQ:NVDA) and CoreWeave, Inc. (Nasdaq: CRWV) today announced an expansion of their long-standing complementary relationship to enable CoreWeave to accelerate the buildout of more than 5 gigawatts of AI factories by 2030 to advance AI adoption at global scale.
Through a new collaboration, CoreWeave and NVIDIA are accelerating the buildout of AI factories to meet enterprise demand.
In addition, NVIDIA has invested $2 billion in CoreWeave Class A common stock at a purchase price of $87.20 per share. The investment reflects NVIDIA's confidence in CoreWeave's business, team and growth strategy as a cloud platform built on NVIDIA infrastructure.
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