Nvidia is buying more CoreWeave stock — this time it's in for $2 billion

Core Investment and Partnership - Nvidia is investing $2 billion in CoreWeave, purchasing stock to enhance their collaboration [1] - The partnership will focus on building "AI factories" to accelerate CoreWeave's AI infrastructure development, targeting 5 gigawatts of capacity by 2030 [1] Share Price and Market Reaction - CoreWeave's share price increased nearly 10% in premarket trading following Nvidia's investment announcement [2] - Nvidia's investment was made at a price of $87.20 per share [2] Historical Context and Relationship - CoreWeave has a longstanding relationship with Nvidia, having received approximately $100 million in investment from Nvidia in 2023 [3] - Nvidia's involvement includes both equity investments and the sale of chips to CoreWeave, raising concerns about circular AI deals in the industry [3]