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flag Nvidia invests $2B in CoreWeave, boosting stake and accelerating AI data center expansion.

flag Nvidia is now the company's second-largest shareholder after investing $2 billion in AI infrastructure provider CoreWeave, purchasing shares at $87.20 apiece and almost doubling its stake. flag The investment helps CoreWeave achieve its objective of building more than 5 gigawatts of AI data center capacity by 2030. flag The money will go toward hiring, power, land, and R&D rather than buying Nvidia chips. flag The action broadens their collaboration to incorporate Nvidia's most recent hardware and software and co-develop AI-optimized data centers. flag In premarket trading, CoreWeave's stock increased by almost 10%. flag The agreement raises persistent concerns about circular financing in the industry while reflecting the growing demand for specialized AI computing as businesses adopt generative AI.

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