NVIDIA Just Made Another Smart Bet on AI

CoreWeave Partner Core Scientific Momentum Surges As Keefe, Bruyette & Woods Cheer AI Infrastructure Transition - Core Scientific (NASDAQ:CORZ), CoreWeave (NASDAQ:CRWV)

Core Scientific (CORZ) momentum hits 87.83 as KBW raises PT to $25, citing a successful pivot from Bitcoin mining to AI infrastructure.

NVIDIA Just Made Another Smart Bet on AI

Quick Read Nvidia invested $2B in CoreWeave after shares dropped 50%. Recent deals include $20B for Groq and $4.9B for Intel. Deutsche Bank upgraded CoreWeave to $140 and suggested the AI honeymoon may be ending. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste …

Eying AI factories, Nvidia buys bigger stake in CoreWeave

Nvidia continues to throw its sizable bank account around, this time making a $2 billion investment in GPU cloud service provider CoreWeave. The company says the investment reflects Nvidia’s “confidence in CoreWeave’s business, team and growth strategy as a cloud platform built on Nvidia infrastructure.” CoreWeave is not the only company that has built its business on Nvidia infrastructure: so has Amazon, Microsoft, Google, Oracle, and dedicated…

Is CoreWeave (CRWV) Stock a Buy After Nvidia’s Latest Move?

TLDR Nvidia adds $2 billion to its CoreWeave investment, raising ownership to 11.5% of the GPU rental provider CoreWeave revenue jumped to $1.3 billion in the latest quarter, more than doubling year-over-year The company holds $55.6 billion in customer contracts but faces rising debt costs of $841.4 million CoreWeave plans to build 5 gigawatts of AI data center capacity by 2030 with Nvidia’s support Operating income fell to $43.6 million as int…