
CoreWeave Stock Jumps 9% on $2B Nvidia Investment as Vera Chip Debuts

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Nvidia has invested $2 billion in CoreWeave, boosting its stock by 9%. This funding will help CoreWeave develop AI factories with a capacity rivaling five nuclear reactors. Additionally, Nvidia launched the Vera chip, its first CPU, aimed at competing with Intel and AMD in data centers. CoreWeave plans to reach 5 gigawatts of computing capacity by 2030, supporting AI startups. The investment alleviates concerns about CoreWeave's debt, while Nvidia anticipates significant revenue growth from data center chips by 2026.
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