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Nvidia pumps another $2 billion into CoreWeave and announces standalone availability of Vera CPU — chipmaker increases stake in its customer to 9%

Nvidia pumps another $2 billion into CoreWeave and announces standalone availability of Vera CPU — chipmaker increases stake in its customer to 9%
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Verdict: Nvidia invests an additional $2 billion into CoreWeave, signaling strong confidence in the AI customer's growth and management, while also announcing standalone availability of the Vera CPU.
Check Price: Vera CPU

CoreWeave

⚡ Quick Hits

  • Nvidia increases its investment in CoreWeave, demonstrating faith in the company's potential.
  • The total investment reaches $2 billion.
  • Vera CPU will be available as a standalone product.

Nvidia Doubles Down on CoreWeave with $2 Billion Investment

Nvidia is deepening its relationship with CoreWeave, a key player in the AI infrastructure space, by injecting another $2 billion into the company. This significant investment reflects Nvidia CEO Jensen Huang's "confidence in their growth and confidence in CoreWeave’s management."

This move not only strengthens the ties between the two companies but also underscores Nvidia's commitment to supporting the rapidly expanding AI ecosystem. The increased investment brings Nvidia's stake in CoreWeave to 9%.

In addition to the financial commitment, Nvidia announced the standalone availability of the Vera CPU, broadening its product offerings and providing more options for customers in the AI and high-performance computing sectors.

Check Price: Vera CPU
*Source Intel: Read Original*

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