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Nvidia boosts AI future bets with $3.66B stake in CoreWeave, expanding AI infrastructure beyond GPUs.

Market News
17 May 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Nvidia is expanding its AI strategy beyond GPUs by investing heavily in AI infrastructure companies, notably CoreWeave. The company increased its stake in CoreWeave to 11%, valued at about $3.66 billion, tying its future to AI cloud infrastructure growth. CoreWeave has secured major contracts with Meta, Jane Street, Anthropic, and Perplexity AI, signaling strong demand despite current losses and stock price challenges. Nvidia’s investments reflect a strategic move to shape and finance the AI ecosystem, potentially driving long-term growth beyond chip sales.

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