NVIDIA and CoreWeave Strengthen Partnership for AI Factory Buildout
Santa Clara, California based NVIDIA and Livingston, New Jersey-based CoreWeave, Inc., have announced an expansion of their long-standing relationship to enable CoreWeave to accelerate the buildout of more than 5 gigawatts of AI factories by 2030 to advance AI adoption at global scale.
In addition, NVIDIA has invested $2 billion in CoreWeave Class A common stock at a purchase price of $87.20 per share.
Demand for AI continues to grow exponentially and the need for compute has never been greater. To help meet this demand, NVIDIA and CoreWeave are deepening their infrastructure, software, and platform alignment. The companies intend to:
- Build AI factories developed and operated by CoreWeave using NVIDIA’s leading accelerated computing platform technology to meet customer demand.
- Leverage NVIDIA’s financial strength to accelerate CoreWeave’s procurement of land, power and shell to build AI factories.
- Test and validate CoreWeave’s AI-native software and reference architecture, including SUNK and CoreWeave Mission Control, to unlock deeper interoperability and work towards including those offerings within NVIDIA’s reference architectures for NVIDIA’s cloud partners and enterprise customers.
- Deploy multiple generations of NVIDIA infrastructure across CoreWeave’s platform through early adoption of NVIDIA computing architectures, including the Rubin platform, Vera CPUs and Bluefield storage systems.
“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.”
For more information read the full article at New Jersey Business Magazine.