Dive Brief:
- Nvidia invested $2 billion in neocloud provider CoreWeave, the company said Monday. The investment marks the latest expansion of a partnership that aims to add more than five gigawatts of "AI factories" — specialized computing data centers — by 2030.
- Nvidia and CoreWeave are “deepening their infrastructure, software and platform alignment” to enable greater interoperability across products as part of the deal. AI compute hubs built by CoreWeave will use Nvidia’s accelerated computing platform technology, according to the announcement.
- “From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure and operations are designed together,” Michael Intrator, co-founder, chairman and CEO of CoreWeave, said in the announcement.
Dive Insight:
Hyperscalers and large technology firms are pouring billions into scaling the infrastructure needed to support accelerating AI demands, resulting in a flurry of circular partnerships between leading providers.
Nvidia’s expanded collaboration with CoreWeave lends the cloud provider financial backing to procure land for building AI data centers in the global infrastructure push. Specialized AI cloud providers, often termed neoclouds, were on track to exceed $23 billion in revenues for 2025 following a year of significant compute demand and subsequent investment from Big Tech.
“This expanded collaboration underscores the strength of demand we are seeing across our customer base and the broader market signals as AI systems move into large-scale production,” Intrator said.
In January 2025, the Trump administration unveiled Stargate, a $500 billion effort to bolster national AI infrastructure. Since then, companies including Nvidia, Oracle, OpenAI, Microsoft, Google and AWS have invested billions in data center buildouts in both the U.S. and globally.
Hyperscalers’ capital expenditures will likely see a nearly 40% increase in 2026, “propelled by an insatiable AI infrastructure buildout,” according to a report from S&P Global. Oracle, Meta, Microsoft, Amazon and Google spent a combined total of $437 billion on AI infrastructure in 2025.
High-performance computing data centers are the “foundation of the AI industrial revolution,” Jensen Huang, Nvidia founder and CEO, said in the Monday announcement.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” he said.
