Nvidia invests $2 billion in CoreWeave to accelerate data center construction.

PANews reported on January 28th that, according to Reuters, Nvidia announced a $2 billion investment in AI infrastructure provider CoreWeave, becoming its second-largest shareholder to accelerate their data center construction collaboration in the United States. The investment, at $87.20 per share, will increase Nvidia's stake by approximately 23 million shares, significantly increasing its ownership. CoreWeave stated that the funds will be used to accelerate land and power acquisitions, R&D, and team expansion, rather than for purchasing Nvidia processors. The company aims to build over 5 gigawatts of AI data center capacity by 2030. Originally a cryptocurrency mining company, CoreWeave has transformed into a "new cloud" service provider leasing Nvidia GPUs to technology and AI companies.