CoreWeave stock surged about 10% in early Monday trading following an announcement that NVIDIA will acquire $2 billion worth of the cloud provider's Class A common shares at $87.20 per share. The funding is part of a broadened agreement designed to accelerate the creation of more than 5 gigawatts of AI factory capacity by 2030.
Under the expanded collaboration, CoreWeave will lead the development and day-to-day operations of the planned AI factories, while NVIDIA will apply its financial resources to hasten key site development tasks. Specifically, NVIDIA's investment is intended to support expedited procurement of land, power and shell infrastructure needed to bring these large-scale AI facilities online.
The partnership also includes a technical validation component. NVIDIA and CoreWeave will test and validate CoreWeave's AI-native software and reference architecture - naming SUNK and CoreWeave Mission Control as focal points - with the objective of potentially integrating those offerings into NVIDIA's own reference architectures for cloud partners and enterprise customers.
CoreWeave has committed to early adoption and multi-generational deployment of NVIDIA infrastructure across its platform. The companies identified the Rubin platform, Vera CPUs and Bluefield storage systems as examples of NVIDIA computing architectures that CoreWeave will incorporate as part of the rollout.
"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."
The expanded arrangement builds on CoreWeave's existing positioning as a purpose-built cloud provider with software and operational capabilities tailored to demanding AI workloads, aiming to help customers run those workloads efficiently and at scale.
Separately, an AI-driven stock analysis product mentioned alongside the announcement evaluates NVIDIA using more than 100 financial metrics and benchmarks it against thousands of companies each month. That tool highlighted prior identified winners, listing Super Micro Computer at +185% and AppLovin at +157%, and offered promotional subscription details, including a New Year’s Sale - 55% OFF.