Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers
Nvidia CEO Jensen Huang's foundation has purchased $108 million worth of AI computing resources from CoreWeave and donated them to researchers for science and AI research. Nvidia will also offer free engineering services to some of the grant recipients.
Nvidia CEO Jensen Huang's foundation has bought $108 million worth of AI computing resources from CoreWeave, a cloud computing company specializing in AI applications. The computing resources will be used for science and artificial intelligence research at universities and other nonprofit institutes. Nvidia plans to offer free engineering services to some of the grant recipients. This donation is another support measure from Nvidia to CoreWeave, as Nvidia designs the graphics processing units that CoreWeave offers customers. In January, Nvidia invested $2 billion in CoreWeave to become the company's second-largest shareholder. Nvidia has also signed a $6.3 billion deal with CoreWeave for cloud computing capacity, guaranteeing the purchase of any unsold capacity.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.