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NVIDIA Secures $6.3B Deal for CoreWeave Cloud Capacity

1/4/2026

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Summary

Story summary

NVIDIA Corporation will buy any unsold CoreWeave, Inc. cloud capacity through April 2032 under a $6.3 billion deal.
The arrangement follows an April 2023 agreement and strengthens CoreWeave's position as a key Nvidia partner, easing concerns about capacity beyond Microsoft and OpenAI.
CoreWeave operates AI data centers in the United States and Europe, providing access to Nvidia GPUs.
Despite strong demand, CoreWeave reported operating expenses of $1.19 billion.

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Story summary

NVIDIA Corporation will buy any unsold CoreWeave, Inc. cloud capacity through April 2032 under a $6.3 billion deal.
The arrangement follows an April 2023 agreement and strengthens CoreWeave's position as a key Nvidia partner, easing concerns about capacity beyond Microsoft and OpenAI.
CoreWeave operates AI data centers in the United States and Europe, providing access to Nvidia GPUs.
Despite strong demand, CoreWeave reported operating expenses of $1.19 billion.