Nvidia commits $2 billion to CoreWeave at $87.20 per share as CRWV jumps 15%

On Monday, CoreWeave's stock surged 15% after Nvidia agreed to invest $2 billion by purchasing Class A shares at $87.20 each, below the prior $92.98 close. The fresh capital is intended to accelerate CoreWeave's plan to deploy 5 gigawatts of AI data center capacity by 2030 and reduce dependence on any single customer. CoreWeave has also lined up $42.9 billion in contracts with partners including Meta, OpenAI and Nvidia, underscoring its aggressive expansion in AI infrastructure.