CoreWeave stock surged 10% Monday after NVIDIA announced a $2 billion investment. The chip giant bought Class A shares at $87.20 each to deepen their AI infrastructure partnership. This capital injection fuels CoreWeave's mission to build over 5 gigawatts of AI factories by 2030.

The deal underscores NVIDIA's strategic push into cloud infrastructure. CoreWeave will use the funds to accelerate procurement of land, power, and shell infrastructure. Both companies will collaborate on validating CoreWeave's AI-native software, potentially integrating it into NVIDIA's reference architectures for enterprise clients.

NVIDIA CEO Jensen Huang called the move a step into the next AI frontier. For CoreWeave, the partnership validates its specialized cloud model. Investors will watch for execution as CoreWeave deploys multiple generations of NVIDIA hardware, including the upcoming Rubin platform.