NVIDIA and CoreWeave Strengthen Collaboration to Accelerate Buildout of AI Factories

SANTA CLARA, Calif. & LIVINGSTON, N.J.--(BUSINESS WIRE)--Jan 26, 2026--

NVIDIA (Nasdaq: NVDA) and CoreWeave, Inc. (Nasdaq: CRWV) today announced an expansion of their long-standing complementary 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.

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In addition, NVIDIA has invested $2 billion in CoreWeave Class A common stock at a purchase price of $87.20 per share. The investment reflects NVIDIA’s confidence in CoreWeave’s business, team and growth strategy as a cloud platform built on NVIDIA infrastructure.

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:

“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.”

“From the very beginning, our collaboration has been guided by a simple conviction: AI succeeds when software, infrastructure, and operations are designed together,” said Michael Intrator, co-founder, chairman, and CEO, CoreWeave. “NVIDIA is the leading and most requested computing platform at every phase of AI – from pre-training to post-training – and Blackwell provides the lowest cost architecture for inference. This expanded collaboration underscores the strength of demand we are seeing across our customer base and the broader market signals as AI systems move into large-scale production.”

The collaboration builds on CoreWeave’s purpose-built cloud, software, and operational expertise, extending proven capabilities that enable customers to run the most demanding AI workloads efficiently, reliably and at scale.

About NVIDIA

NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

NVIDIA Forward-Looking Statements

Certain statements in this press release including, but not limited to, statements as to: AI entering its next frontier and driving the largest infrastructure buildout in human history; together, NVIDIA and CoreWeave racing to meet extraordinary demand for NVIDIA AI factories—the foundation of the AI industrial revolution; the benefits, impact, and performance of NVIDIA’s products, services, and technologies; expectations with respect to the expansion of the relationship between NVIDIA and CoreWeave; expectations with respect to technology developments; expectations with respect to demand for AI; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing product and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

About CoreWeave

CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at https://coreweave.com/?utm_source=coreweave.com&utm_medium=site.

CoreWeave Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable securities laws. These statements include statements related to the following: the expansion of the relationship between CoreWeave and NVIDIA; building more than 5 gigawatts of AI factories by 2030; the possible inclusion of CoreWeave’s software within NVIDIA’s reference architectures for its cloud partners and enterprise customers; and the deployment of multiple generations of NVIDIA infrastructure across CoreWeave’s platform. These forward-looking statements are only predictions of future events and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in CoreWeave’s filings with the “SEC” under the heading “Risk Factors,” including in its Quarterly Report on Form 10-Q filed with the SEC for the quarter ended September 30, 2025, copies of which may be obtained by visiting CoreWeave’s Investor Relations website at https://investors.coreweave.com or the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date the statements are made and are based on information available to CoreWeave at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Such statements are subject to the terms and conditions of the collaboration framework and future execution of additional agreements and/or order forms and the satisfaction of certain conditions relating to matters described herein. Such agreements may not be completed or may contain different terms than those currently contemplated. CoreWeave assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Through a new collaboration, CoreWeave and NVIDIA are accelerating the buildout of AI factories to meet enterprise demand.

The U.S. workweek opened with yet more snow dumping on the Northeast under the tail end of a colossal winter storm that brought ice and power outages, impassable roads, canceled flights and frigid cold to much of the southern and eastern United States. At least 13 weather-related deaths have been reported.

Deep snow — over a foot (30 centimeters) extending in a 1,300-mile (2,100-kilometer) swath from Arkansas to New England — halted traffic, canceled flights and triggered wide school cancellations Monday. Up to two feet (60 centimeters) were forecast in some of the harder-hit places.

There were more than 800,000 power outages in the nation on Monday morning, most of them in the South, according to poweroutage.com. The region got its share of sleet and freezing rain during the storm. There also were more than 4,400 flight delays and cancellations nationwide, according to flight tracker flightaware.com.

More light to moderate snow was forecast in New England through Monday evening.

In Falmouth, Massachusetts, about an hour's drive south of Boston, snow came down in sheets and closed down the town.

Nell Fields said she had to shovel just to be able to let her dog outside Sunday. Seven inches (18 centimeters) had fallen, with up to that much more still on the way.

“I feel that the universe just put a big, huge pause on us with all the snow,” Fields said.

On Manhattan’s Upper East Side, January Cotrel enjoyed the fresh snow on a block that always closes during snowstorms for residents to sled, throw snowballs and make snowmen.

“I pray for two feet every time we get a snowstorm. I want as much as we can get,” she said. “Let the city just shut down for a day and it’s beautiful, and then we can get back to life.”

Meanwhile, bitter cold followed in the storm's wake. It got down to minus 40 degrees Fahrenheit (minus 40 Celsius) in parts of Minnesota on Sunday. Many communities across the Midwest, South, and Northeast awakened Monday to subzero weather. The entire Lower 48 states were forecast to have their coldest average low temperature of minus 9.8 F (minus 12.3 C) — since January 2014.

Record warmth in Florida was the only thing keeping that average from going even colder, said former National Oceanic and Atmospheric Administration chief scientist Ryan Maue, who calculates national averages based on National Weather Service data.

From Montana to the Florida Panhandle, the weather service posted cold weather advisories and extreme cold warnings as temperatures in many places dipped to zero (minus-18 degrees Celsius) and even colder. Wind made conditions even chillier and the overnight cold refreezed roads early Monday in a cruel reprise of the weekend's lousy travel weather.

Even with precipitation ending in Mississippi, “that doesn't mean the danger is behind us," Gov. Tate Reeves said in a news conference Sunday.

Freezing rain that slickened roads and brought trees and branches down on roads and power lines were the main peril in the South over the weekend. In Corinth, Mississippi, heavy machinery manufacturer Caterpillar told employees at its remanufacturing site to stay home Monday and Tuesday.

It already was Mississippi’s worst ice storm since 1994 with its biggest-ever deployment of ice-melting chemicals — 200,000 gallons (750,000 liters) — plus salt and sand to treat icy roads, Reeves said. He urged people not to drive anywhere unless absolutely necessary. “Do please reach out to friends and family,” Reeves added.

At one point Sunday morning, about 213 million people were under some sort of winter weather warning, authorities said.

Some 12,000 flights also were canceled Sunday and nearly 20,000 were delayed.

In New York City, Mayor Zohran Mamdani said at least five people who died were found outside as temperatures plunged Saturday, though the cause of their deaths remained under investigation. Two men died of hypothermia related to the storm in Caddo Parish in Louisiana, according to the state health department. A woman in Kansas

In Massachusetts, police said a snowplow backed into a couple walking in a Massachusetts Bay Transportation Authority parking lot in Norwood on Sunday. A 51-year-old woman was killed and her 47-year-old husband was hospitalized.

Two teenagers died in sledding accidents, a 17-year-old boy in Arkansas, and a 16-year-old girl in Texas, authorities said.

Three weather-related deaths were announced in Tennessee, authorities said. Further details were not immediately available.

Brumback reported from Atlanta. Walker reported from New York. Kristin Hall and Jonathan Mattise in Nashville, Tennessee, Philip Marcelo in New York, Ed White in Detroit, Jeff Martin in Kennesaw, Georgia, Mead Gruver in Fort Collins, Colorado, Jessica Hill in Las Vegas and Seth Borenstein in Houston contributed reporting.

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Sadie Eidson, left, laughs while playing in the snow in Central Park during a winter storm, Sunday, Jan. 25, 2026, in New York. (AP Photo/Heather Khalifa)

Snow covers houses in Rutherford, N.J., on Sunday, Jan. 25, 2026. (AP Photo/Ted Shaffrey)

A pedestrian crosses the street near Radio City Music Hall during a winter storm, Sunday, Jan. 25, 2026, in New York. (AP Photo/Heather Khalifa)

People walk across the Brooklyn Bridge during a winter storm, Sunday, Jan. 25, 2026, in New York. (AP Photo/Sydney Schaefer)

A motorist passes an ice covered tree limb blocking a lane along West End Ave. during a winter storm Sunday, Jan. 25, 2026, in Nashville, Tenn. (AP Photo/George Walker IV)

People walk through downtown Toronto as a winter storm moves through the region, Sunday, Jan. 25, 2026. (Cole Burston/The Canadian Press via AP)