⚡NVIDIA INVESTS 2 BILLION IN COREWEAVE: THE AI REVOLUTION ACCELERATES ⚡
Nvidia has announced an investment of 2 billion dollars in CoreWeave, acquiring Class A shares at 87.20 dollars per share, strengthening a strategic partnership to expand AI infrastructure on a global scale.
This move reflects Nvidia's confidence in CoreWeave's business model, a cloud platform specialized in GPUs for intensive AI computations, and aims to build over 5 gigawatts of "AI factories" by 2030.
CoreWeave, founded in 2017 as an Ethereum mining operation, has successfully pivoted to GPU cloud for AI after Ethereum's transition to proof-of-stake in 2019, leveraging its expertise in liquid cooling and bare-metal orchestration.
This evolution is epic: from a cryptographic puzzle solver to a key provider for OpenAI, Microsoft, and IBM, with over 250,000 GPUs in 32 data centers across the USA and Europe by 2024.
The investment includes early access to Nvidia technologies such as the Rubin platform, Vera CPU, and Bluefield storage, in addition to a 6 billion contract for services until 2032.
Jensen Huang, CEO of Nvidia, stated: "We are racing to meet the extraordinary demand for AI factories".
For the crypto and AI market, this signals an infrastructure boom: CoreWeave optimizes for AI/HPC workloads, surpassing traditional hyperscalers with rapid deployments and flexible pricing.
CoreWeave shares rose by 9-11% post-announcement.
An alliance that redefines the future of accelerated computing
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