Catenaa, Monday, January 26, 2026- CoreWeave stock surged more than 10% on Monday after Nvidia said it will invest an additional $2 billion in the AI cloud company.
AI chipmaker Nvidia said the deal would help CoreWeave build more than five gigawatts of AI factory capacity by 2030.
The two companies will work together to enhance CoreWeave’s AI native software, and CoreWeave will deploy “multiple generations” of Nvidia’s AI systems, the chipmaker said.
“AI is entering its next frontier and driving the largest infrastructure buildout in human history,” Jensen Huang, founder and CEO of Nvidia, said in a statement. “CoreWeave’s deep AI factory expertise, platform software, and unmatched execution velocity are recognized across the industry.”
The investment announced Monday comes in addition to Nvidia’s $3.3 billion stake in CoreWeave.
Nvidia has invested heavily in “neocloud” companies focused on AI cloud offerings, including CoreWeave, Nebius, and Lambda Labs.
The circular dynamic in which Nvidia invests in its own customers has raised eyebrows on Wall Street and added to concerns over an AI bubble.
As Nvidia’s chips have been in hot demand, the chipmaker’s legacy cloud hyperscalers have begun turning to the neoclouds to access the company’s AI systems.
Microsoft accounts for the lion’s share of CoreWeave’s revenue, while Meta and Alphabet are also customers.
CoreWeave’s jump on Monday puts shares up nearly 42% for the month and 161% over the past year.
Nvidia stock fell fractionally on Monday, while shares are up 30% over the past year.
The chipmaker faced a rocky past couple of weeks as the fate of its China business remained uncertain and geopolitical tensions sent investors fleeing riskier assets.
