CoreWeave stock $CRWV jumps after a massive investment from Nvidia $NVDA worth $2 billion
Nvidia bought shares at $87.20, aiming to accelerate the construction of "AI factories" with a capacity exceeding 5 gigawatts by 2030
The partnership guarantees $CRWV priority in obtaining Nvidia's latest products ( Rubin platform, Vera processors, and Bluefield systems )
The CEO of $CRWV stated that the $2 billion represents "only 2%" of what the company plans to spend to provide the required capacity.. ( The amount of cash they are burning is astronomical!
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CoreWeave stock $CRWV jumps after a massive investment from Nvidia $NVDA worth $2 billion
Nvidia bought shares at $87.20, aiming to accelerate the construction of "AI factories" with a capacity exceeding 5 gigawatts by 2030
The partnership guarantees $CRWV priority in obtaining Nvidia's latest products ( Rubin platform, Vera processors, and Bluefield systems )
The CEO of $CRWV stated that the $2 billion represents "only 2%" of what the company plans to spend to provide the required capacity.. ( The amount of cash they are burning is astronomical!