Nvidia Backed CoreWeave’s $23B AI Push

CoreWeave, a leading AI infrastructure provider supported by Nvidia, has unveiled plans to invest a staggering $23 billion throughout 2025 to meet the surging global demand for advanced AI computing capabilities.
Founded in 2017 as a cryptocurrency mining startup, CoreWeave quickly pivoted to specialize in high-performance computing tailored for AI workloads.
CoreWeave’s Bold $23B Move in AI Infrastructure
By leveraging Nvidia’s latest GPU technology and securing backing from major investors like Cisco, Magnetar Capital, and Coatue Management, the company has rapidly scaled its operations.
Following its IPO in March 2025, which raised $1.5 billion and valued CoreWeave at $23 billion, the firm is now focusing on expanding its data center network, boosting GPU capacity, and enhancing its cloud services to support AI developers and enterprises worldwide.
A significant portion of CoreWeave’s revenue stems from its strategic partnership with Microsoft, while a landmark five year, $11.9 billion contract with OpenAI further cements its pivotal role in powering AI innovation.
With this ambitious investment, CoreWeave aims to challenge cloud giants like Amazon Web Services and Microsoft Azure in the fiercely competitive AI infrastructure market.
As AI adoption accelerates across industries, CoreWeave’s scalable and powerful GPU solutions position it as a key player driving the future of artificial intelligence.
Industry experts expect CoreWeave’s bold expansion to accelerate AI advancements and strengthen the company’s leadership in the rapidly evolving AI ecosystem.