In a major move to solidify its position in the artificial intelligence infrastructure race, chipmaking giant Nvidia announced a $2 billion investment in cloud provider CoreWeave, deepening a strategic partnership aimed at building large-scale AI data centers, or "factories," over the next decade. The investment, made at $87.20 per share, sent CoreWeave's stock soaring more than 10% in premarket trading on January 26, 2026.
The financial infusion is part of a broader, expanded collaboration where the two companies plan to construct up to 5 gigawatts of AI infrastructure by 2030. These facilities will be powered by Nvidia's accelerated computing platforms and operated by CoreWeave. Nvidia will also provide financial support to accelerate CoreWeave's procurement of land, power, and physical infrastructure needed for the buildout.
"AI is entering its next frontier and driving the largest infrastructure buildout in human history," said Jensen Huang, founder and CEO of Nvidia. "CoreWeave’s deep AI factory expertise, platform software, and unmatched execution velocity are recognized across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories—the foundation of the AI industrial revolution."
Prior to this transaction, Nvidia was CoreWeave's third-largest shareholder with a 6.3% stake. By acquiring an additional 23 million shares, Nvidia is close to doubling its position and will become the company's second-largest shareholder. The partnership also includes plans to test and validate CoreWeave's AI-native software for closer integration into Nvidia's cloud and enterprise ecosystem, with CoreWeave committing to deploy multiple generations of Nvidia hardware.
The announcement comes as CoreWeave shares rebound in early 2026 after a late-2025 correction. Despite the positive market reaction, analysts caution that CoreWeave is not expected to be profitable for at least two years, and sustained negative cash flow could pose risks. MarketBeat analysts noted that while the partnership is a strong catalyst, near-term share price gains could be capped, with the stock potentially struggling to break above key resistance levels.
