Nvidia’s Major Investment in CoreWeave
Nvidia (NASDAQ: NVDA) has invested over $2 billion into CoreWeave (NASDAQ: CRWV), holding more than 24 million shares. CoreWeave is a rapidly growing cloud computing company that specializes in AI computing power, experiencing a 110% year-over-year growth rate in Q4 and a revenue backlog of nearly $67 billion, up 342% year-over-year.
In the past year, CoreWeave generated $5.13 billion in revenue, with projections estimating that this will rise to $12.5 billion by the end of 2026 and $23.1 billion by the end of 2027, representing a potential fourfold increase in two years. Despite this growth, profitability is a concern as the company is heavily investing to expand its market presence before focusing on profits.
