capital · May 16, 2026
Nvidia Doubles Stake in CoreWeave with Additional $2 Billion Investment
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Nvidia nearly doubled its stake in CoreWeave last quarter via an additional $2 billion investment in late January 2026, acquiring approximately 23 million shares at $87.20 per share. Nvidia became CoreWeave's second-largest shareholder through the move, deepening the AI infrastructure partnership. CoreWeave's CEO Michael Intrator previously highlighted plans to exceed 8 GW capacity by 2030. The stock traded near $114 following the update.
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